The NSE Nifty 50 index closed 3.05% higher at 9,266.75, while the benchmark S&P BSE Sensex rose 3.22% to 31,588.60. Both the indexes finished the holiday-shortened week more than 1% higher.

Norway's preliminary production figures for March 2020 show an average daily production of 2 038 000 barrels of oil, NGL and condensate,

The U.S. renewable energy sector has been hit hard by the coronavirus pandemic, with more than 106,000 U.S. workers losing their jobs last month,

Brent was down 19 cents, or 0.7%, at $27.50 a barrel, WTI was up 7 cents, or 0.4%, at $19.94.

Таким образом, в первые месяцы соглашения страны-производители могут снизить суточную добычу на 15-20 млн барр/с.

Средняя цена на нефть Urals за период мониторинга с 15 марта по 14 апреля 2020 года составила $19,00075 за баррель

the pan-European STOXX 600 index rose over 1% in early trade, spurred by a drop in the virus death tolls in both Spain and Italy and reassuring statements from two of the continent’s big budget airlines about their survival prospects.

The rupee declined in line with emerging market peers amid worries of a steep global recession due to the pandemic and hit a record low of 76.82 against the dollar.

U.S. total industrial production fell 5.4 percent in March, as the COVID-19 (coronavirus disease 2019) pandemic led many factories to suspend operations late in the month.

ADNOC has terminated $1.65 billion worth of contracts

Brent fell $1.19, or 4%, to $28.41 a barrel, WTI slid 45 cents, or 2.2%, to $19.66.

The deal calls on OPEC, Russia and nine other allies to cut 9.7 million b/d of crude production in May and June, ramping down to 7.7 million b/d for the second half of 2020, and then 5.8 million b/d for all of 2021 through April 2022.

The coronavirus (COVID-19) pandemic presents a historic challenge. The prices of equities fell sharply, from previously overstretched levels. Oil prices plummeted in the face of weakening global demand and the failure of the OPEC+ countries to reach an agreement on output cuts.

Gold prices fell on Wednesday as investors locked in profits after strong recent gains. It was last at $1,711 an ounce.

The pan-European STOXX 600 index was down 1.6%, after surging almost 8% since April 6 on early signs the health crisis was ebbing and on hopes that sweeping lockdown measures would soon be lifted.