Oil gains as Opec+ meets to decide on production policy


TOKYO: Crude prices rose on Thursday, recouping some of the previous session's losses as hopes grew that OPEC and its allies later on Thursday would decide to keep curtailing production in place in the face of resurgent COVID-19 infections in some regions.

Brent crude for June delivery was up by 71 cents, or 1.1%, at $63.45 a barrel by 0326 GMT after falling 2.2% overnight. U.S. oil was up 71 cents, or 1.2%, at $59.87 a barrel, having dropped 2.3% on Wednesday.

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Opec , , crude , oil , Brent , WTI , Saudi Arabia

   

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