Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us

Oil prices up as US, Russia set to discuss oil market

31/03/2020

Crude oil prices were up to start Tuesday on a higher note as the U.S. and Russia are planning to discuss the global oil market and the low price environment.

International benchmark Brent crude was trading at $24.57 per barrel at 0608 GMT for a 4.7% gain after it closed Monday at $23.46 a barrel.

American benchmark West Texas Intermediate (WTI) was at $19.57 a barrel at the same time for a 6.2% increase after ending the previous day at $18.42 per barrel.

U.S. President Donald Trump and Russian President Vladimir Putin have agreed during a phone call on Monday to have energy officials start discussing the way to balance the global oil market, Kremlin announced.

Click here to access the full article

Tags:
< Previous Next >