Welcome to the Mint live blog. Track this space for the latest stock market updates. Oil prices extended gains Thursday after Russia signalled it was ready to cut output before a key producers' meeting aimed at boosting energy markets as the coronavirus pandemic strangles demand.
US benchmark West Texas Intermediate rose 4.6 per cent to USD 26.26 a barrel, while Brent crude, the international benchmark, jumped 2.7 per cent to USD 33.73.
Asian stocks were mixed Thursday following a three-day rally as investors mulled about the economic recovery after the coronavirus outbreak eases.
Singapore's SGX Nifty was up 1.41%. Japan’s Topix index slipped 0.9%. Hong Kong’s Hang Seng added 0.6%. South Korea’s Kospi gained 0.8%.