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2020 April 15   10:42

Oil prices rise amid information about US reserves

Oil futures are on the rise after a recent fall

On 15 April 2020, Brent Crude Oil futures price grew by 1.22% to $29.96 per barrel, Light (WTI) – by 1.94% to $20.5 per barrel. 

On 12 April 2020, OPEC+ approved new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022.

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