Oil Rallies As OPEC+ Signals Confidence In Demand Recovery ...Middle East

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Oil Rallies As OPEC+ Signals Confidence In Demand Recovery
Following hectic trade movements all day on Thursday, oil prices settled with gains of more than 3 percent for the day, after OPEC+ signaled with its latest oil production decision that it believes in the global oil demand recovery through the summer.   WTI Crude prices settled at $61.45 at the end of trading on Thursday, up by 3.87 percent. Brent Crude finished trade at $64.86, up by 3.38 percent, before the markets closed for Good Friday. Traders and analysts were again somewhat caught by surprise by the OPEC+ meeting, although the group’s…

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