Oil prices rose strongly to continue their recovery after major crude producing countries said they would accelerate planned production cuts in order to address a sharp collapse in demand from the Corona pandemic.
Reuters reported that Brent crude rose 96 cents, or 4.7 percent, to settle the settlement price at 21.33 $ a barrel.
West Texas Intermediate jumped 2.72$, or 19.7 percent, to close at 16.50 $.
Source : Sana
