Brent futures find a bid after report of compromise OPEC-Russia deal

By

Sharecast News | 05 Jan, 2021

17:21 26/04/24

  • 524.80
  • -0.29%-1.50
  • Max: 534.02
  • Min: 522.30
  • Volume: 19,587,640
  • MM 200 : 487.77

Crude oil futures found a bid in late trading on Tuesday following reports of a compromise deal between the Organisation of Petroleum Exporting Countries and Russia.

As of 1545 GMT, front dated Brent crude oil futures were trading 3.43% higher to $52.84 a barrel on the ICE, alongside a 4.2% jump in similarly-dated West Texas Intermediate to $49.59.

-- More to follow --

Last news