After the worst fall in the price of crude oil in the world market, now the price of US crude oil has risen to 19 dollars 70 cents per barrel, OPEC and Russia have started to reduce the production of crude oil.
According to the details, the price of crude oil is increasing in the world market, the price of Brent crude oil has crossed 26 dollars. The price of Brent crude oil has reached 26 dollars 62 cents per barrel.
US crude rose 4.56 percent to 19.70 dollar a barrel.
On the other hand, foreign news agencies say that OPEC and Russia have begun to reduce crude oil production.
OPEC, Russia and other producing countries began cutting production on May 1.
These countries began cutting production by 9.7 million barrels a day, noting that OPEC production was at a 13-month high in April.
It may be recalled that a few days ago, the price of crude oil had fallen to its lowest level in 29 years. US crude oil was seen trading at 20 dollar.
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