Oil prices fall by 6.5-15%
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On 22 April 2020, Brent Crude Oil futures price fell by 14.8% to $16.45 per barrel, Light (WTI) for June delivery fell by 6.48% to $10.8 per barrel.
The oil market has been recently discussed at the unscheduled video conference held by OPEC+ coalition. Some countries proposed starting the planned cutbacks immediately, instead of May 1 as currently scheduled.