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market | IST

Crude oil rebounds, hits $63 per barrel on OPEC decision to hike output

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Crude oil prices went below $63 per barrel on OPEC and allies' decision to hike output. The prices rebounded as the OPEC+ also said that they are ready to adjust if the pandemic hits the prices.

Crude oil prices went below $63 per barrel on OPEC and allies' decision to hike output. The prices rebounded as the OPEC+ also said that they are ready to adjust if the pandemic hits the prices.
Watch the accompanying video of CNBC-TV18’s Manisha Gupta for more details.