World oil prices rally as OPEC+ meeting starts

MG News | April 09, 2020 at 08:39 PM GMT+05:00

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April 09, 2020: The oil market jumped Thursday as OPEC and its allies began discussing output cuts after a collapse in demand due to the coronavirus and a Saudi-Russian price war.

"The 9th (Extraordinary) #OPEC and non-OPEC ministerial meeting has started. The meeting is being held via webinar in light of recent developments surrounding the #COVID-19 pandemic," the crude producers' grouping tweeted, sparking prices to sharply extend earlier gains.

AFP/APP

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Name	Price/Vol	%Chg/NChg
KSE100	181,776.60 345.77M	0.98% 1761.66
ALLSHR	109,308.50 789.13M	0.86% 936.37
KSE30	54,391.82 176.06M	1.06% 570.01
KMI30	256,134.77 127.57M	1.02% 2587.38
KMIALLSHR	70,024.34 435.42M	0.77% 532.38
BKTi	52,367.72 86.35M	1.01% 524.10
OGTi	35,302.82 9.03M	1.44% 500.16

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,830.00	65,255.00 64,640.00	-250.00 -0.38%
BRENT CRUDE	80.35	80.53 78.92	0.90 1.13%
RICHARDS BAY COAL MONTHLY	107.75	0.00 0.00	2.20 2.08%
ROTTERDAM COAL MONTHLY	116.50	0.00 0.00	0.45 0.39%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	75.94	76.05 74.57	0.72 0.96%
SUGAR #11 WORLD	15.19	15.28 15.12	0.04 0.26%