Crude $32.64

Singapore , Apr 6:

Oil prices fell sharply today after a meeting to discuss output cuts between OPEC and its allies was delayed, dimming hopes of swift action to support coronavirus-ravaged energy markets.

International benchmark Brent crude was down 4.3 per cent to trade at USD 32.64 per barrel.

Business shutdowns, travel restrictions and other measures put in place to contain the virus outbreak have battered demand.

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