Oil Prices Jump Ahead Of Crucial OPEC+ Meeting On Saturday

Oil prices rallied early on Friday as the market expects a weekend meeting of OPEC and its Russia-led allies to roll over the current levels of the OPEC+ production cuts by another month after June. As of 8:31 a.m. EDT on Friday, WTI Crude was up 2.97 percent at $38.52. Brent Crude was surging 3.88 percent to $41.50, after topping $40 a barrel earlier this week for the first time since early March, when Saudi Arabia and Russia broke up the previous OPEC+ pact and started an oil price war for market share.    This month’s OPEC+ meeting…