The U.S. oil benchmark, WTI Crude, jumped early on Thursday
to above $64 a barrel, soaring by more than 5 percent, after OPEC+ sources
began telling reporters that the coalition may be close to agreeing not to
increase their collective oil production in April.
WTI Crude prices were surging by 5.06% at $64.21 as of 11:18
a.m. ET on Thursday. Brent Crude prices jumped above $67 per barrel, to $67.17,
up by 5.10%, after OPEC+ sources started to leak insights from the ongoing
OPEC+ ministerial meeting.
An Excerpt from Tsvetana Paraskova article (Oilprice.com)
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