×

What are you searching for?




Markets

4 Min read

OIL PRICES JUMP ON EXPECTATION FOR RECOVERY

Published On 05 May 2020 09:50 AM


SHARE THIS ARTICLE  


Highlights

  • West Texas Intermediate (WTI) crude futures rose 9.9%, or $2.01, to $22.40 per barrel.
  • Brent crude futures increased 6.9%, or $1.87, at $29.07, increasing for a sixth straight day.
  • Worldwide oil demand probably shrunk 30% in April.

On Tuesday, oil prices increased on expectations for a recovery in vehicle traffic and fuel demand, as certain U.S. states and co....


Tags : Oil, price, trade, markets,
SHARE THIS ARTICLE  

Leave a comment 

comments (0)