<div class="at-above-post addthis tool" data-url="https://www.metro.us/oil-gains-as-opec/"></div>TOKYO (Reuters) – Crude prices rose on Thursday, recouping some of the previous session’s losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint in the face of resurgent COVID-19 infections in some regions. Brent crude for June delivery was up by 31 cents, or 0.5%, at […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/oil-gains-as-opec/"></div><! AddThis Share Buttons gene
UPDATE 2-U.S. resumes calls to Saudi as OPEC+ debates increase or rollover Reuters 1 hr ago
(Releads with U.S. call to Saudi Arabia)
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By Alex Lawler, Ahmad Ghaddar and Rania El Gamal
LONDON/DUBAI, April 1 (Reuters) - The United States said in call with Saudi Arabia that energy should be kept affordable for consumers, as the administration of President Joe Biden resumed the practice of his predecessor Donald Trump who contacted OPEC s leader before key meetings.
U.S. Energy Secretary Jennifer Granholm said on Twitter she had a call with Saudi Energy Minister Abdulaziz Bin Salman. We reaffirmed the importance of international cooperation to ensure affordable and reliable sources of energy for consumers, Granholm said.
Oil prices rose on Thursday on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in place.
Oil prices: OPEC and allies to boost production after US calls Saudi Arabia msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
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By Joe Wallace U.S. stock futures ticked higher Thursday, signaling gains for technology stocks at the start of the second quarter ahead of a flurry of economic data. Futures for the S&P 500 edged up 0.4% after the broad stocks gauge closed out a fourth consecutive quarterly advance on Wednesday. Contracts for the tech-focused Nasdaq-100 rose over 1%. Many investors are hopeful that stocks will continue to climb in the second quarter, aided by the prospect of a surge in economic growth as vaccinations become widespread and fresh spending programs from the Biden administration. Still, they point to risks stemming from rising bond yields, new lockdowns in Europe and signs of excess in corners in the market.