U.S. crude futures rose as much as 6per cent in early trade on Thursday ahead of a crucial meeting between the Organization of the Petroleum ...
U.S. crude futures rose as much as 6per cent in early trade on Thursday ahead of a crucial meeting between the Organization of the Petroleum Exporting Countries and allies including Russia - a group known as OPEC+.
FILE PHOTO: Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. Picture taken August 21, 2019. REUTERS/Jessica Lutz/File PhotoMELBOURNE: U.S. crude futures rose as much as 6per cent in early trade on Thursday ahead of a crucial meeting between the Organization of the Petroleum Exporting Countries and allies including Russia: a group known as OPEC+.
U.S. West Texas Intermediate crude rose to a high of US$26.61 and was traded up 4.6per cent, or US$1.16, at US$26.25 as of 2206 GMT.
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