Oil jumps over 3 percent and a barrel tops $81 as OPEC+ considers a cut to output this week
A 3D printed oil pump jack is placed on dollar banknotes in this illustration picture, April 14, 2020.
US crude rose 3.01 percent to $81.88 a barrel on Monday after OPEC+ sources told Reuters oil production could be cut by between 500,000 and one million barrels a day. On the first trading day of the quarter, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.43 percent, on course to decline for a fourth straight session.
South Korea has a national holiday on Monday, while China has just entered Golden Week and Hong Kong has a holiday on Tuesday.
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