#OilPriceWar: OPEC+ DELAY TO APRIL 9
PLATTS - 05 Apr 2020 - Oil futures fell Sunday evening following news that an emergency OPEC+ meeting planned for Monday was delayed because of a clash between Saudi Arabia and Russia, and a lack of commitment from the US on possible output cuts.
At 2206 GMT, NYMEX front-month crude futures were trading around $25.85/b, down $2.49 from Friday, while ICE front-month Brent was trading around $31.46/b, down $2.65.
The meeting, now scheduled for Thursday, was called to discuss production cuts in order to bolster crude prices, which have tumbled…
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