New York-SANA
Oil prices rose strongly to continue their recovery after major crude producing countries said they would accelerate planned production cuts in order to address a sharp collapse in demand from the Corona pandemic.
Reuters reported that Brent crude rose 96 cents, or 4.7 percent, to settle the settlement price at $ 21.33 a barrel.
West Texas Intermediate jumped $ 2.72, or 19.7 percent, to close at $ 16.50.
