Sun, 2020-04-05 03:50
Oil prices jump by more than a quarter on expectations that OPEC+ will hold a virtual meeting to reinstate efforts to support the collapsing market.
Brent crude price rose to $34.11 per barrel and WTI increased to $28.34 per barrel.
Only a week earlier, a $2 trillion stimulus package from the US government was not enough to stabilize the market which had dropped to levels not seen since the early 2000s.
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