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2020-04-02 15:05:00

OIL PRICE: NEAR $27

OIL PRICE: NEAR $27

REUTERS - APRIL 2, 2020 - Crude oil futures jumped 10% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war.

Brent crude futures rose more than 11% in early trade. By 1132 GMT, Brent was up 10.75%, or $2.66, to $27.40, while U.S. West Texas Intermediate (WTI) crude futures rose 10.09% or $2.05, to $22.36.

Trump said he had talked recently with the leaders of both Russia and Saudi Arabia and believed…

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Earlier:

OIL PRICE: NEAR $27
2020, April, 1, 13:05:00
OIL PRICE: NEAR $25
Brent was down $1.45, or 5.5%, at $24.90. WTI was down 27 cents, or 1.3%, at $20.21.
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2020, March, 31, 13:50:00
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
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