 "crude oil prices")
Oil rebounded from its biggest slump since November ahead of a key Opec+ meeting that may see some supply returned to a fast-tightening market.
At 8.48 pm (IST), Brent crude was trading at $64.65 a barrel, up 0.36 per cent. The alliance gathers on Thursday and is expected to loosen the taps after prices got off to their best ever start to a year. But it’s unclear how robustly the group will act, with the Saudi Arabian energy minister calling for producers to remain “extremely cautious.”
Oil’s recovery from the Covid impact has been driven by Asian demand, as well as fiscal
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