Oil price soars as Russia extends olive branch to Saudi Arabia

Futures rebounded from heavy losses but gains limited amid low global demand and imminent expiry of Opec+ curbs

Oil on the up: price soaring but a lot of running room yet to be made up
Oil on the up: price soaring but a lot of running room yet to be made upPhoto: AFP/SCANPIX
Published 10 March 2020, 10:07Updated 10 March 2020, 12:48