Oil price rise quickens step after Saudi rescue signal

Crude futures pared earlier losses as Saudi Arabia signalled readiness to take further action to release pressure on prices

Further action: Saudi Energy Minister Prince Abdulaziz bin Salman
Further action: Saudi Energy Minister Prince Abdulaziz bin SalmanPhoto: AP/SCANPIX
Published 22 April 2020, 10:35Updated 22 April 2020, 14:07