NEW YORK: Oil prices rose slightly on Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China.
Brent crude futures settled at US$41.51 a barrel, up 80 cents or nearly 2%. U.S. West Texas Intermediate (WTI) crude futures settled at $38.84 a barrel, up 88 cents, or 2.3%.
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