Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Oil Rises as OPEC+ Meet to Decide Production Quota for May Crude oil spikes Thursday as the Organisation of Petroleum Exporting Countries and allies known as OPEC+ meet to deliberate on production quotas of members’ countries for May, 2021. The Oil cartel meets amid demand uncertainties from rising virus cases that are forcing European countries to take stricter mitigation measures. Consolidating on yesterday gain, crude oil prices expanded at the time when United States inventories moderate, signal potential demand surge. International benchmark Brent crude was trading at $63.63 per barrel following a 1.41% increase after closing Wednesday at $62.74 a…

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