According to Reuters, oil prices rallied after OPEC agreed to reduce output.
On the day, Brent crude oil rose almost $3 to $63.00 a barrel, while West Texas Intermediate gained $2.20, rising to $53.69..
According to Business Insider, OPEC+ and Russia have agreed to cut production by 1.2 million barrels, reducing tensions around crude oil prices after two days of fractious discussion in Vienna. Brent..
After news broke of the arrest of Chinese tech giant Huawei's CFO last weekend, U.S. stocks were set to tumble on Thursday. According to Reuters, Meng Wanzhouof was arrested in Canada, for extradition..