Commodities Live: Oil Jumps as OPEC+ Mulls Biggest Production Cut Since Pandemic

Brent Crude has jumped more than 4% to reach near $89 and WTI Crude has reached nearly $83. The price of crude oil in the domestic market has reached nearly Rs 6,800. OPEC + countries are meeting on October 5 in which a decision can be taken to cut oil production by 5-10 lakh barrels per day.