An-Najah News - Oil futures rose in electronic trade as investors awaited the outcome of a crucial meeting of the(OPEC) and its allies that is intended to end a price war between Russia and Saudi Arabia.

OPEC oil producers will hold a virtual meeting today to make a decision on global crude production that could make or break the oil market and if the  OPEC+ parties do not already have an agreement in place, they would have just called off the meeting.

Oil importing countries may announce crude oil purchases to support demand for the fuel.