From the Market Herald.
"The energy sector charged 4.5 per cent after Saudi Arabia agreed to cut production by a million barrels a day during February and March. The deal allowed Russia and Kazakhstan to increase their quotas by a combined 75,000 a day, ending a damaging stand-off within the OPEC+ oil cartel.
The US crude benchmark, West Texas Intermediate surged $2.31 or almost 4.9 per cent to US$49.93 a barrel. Prices touched U$50.20, their first advance above U$50 since the start of the pandemic. The international benchmark, Brent crude, settled $2.51 or 4.9 per cent ahead at US$53.60."
And Adrian should be releasing the quarterly report soon.
He's almost always early with this.
Fingers crossed for a good day today folks.
From the Market Herald."The energy sector charged 4.5 per cent...
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