Crude plunges 5% on Europe lockdowns, US inventory build

Crude plunges 5% on Europe lockdowns, US inventory build
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

30.10.2020

MOSCOW (MRC) -- Oil futures settled near one-month lows Oct. 28 as fundamental outlooks dimmed amid tightened COVID-19 restrictions in Europe and a US crude inventory build, as per S&P Global.NYMEX December WTI settled USD2.18 lower at USD37.39/b, and ICE December Brent was down USD2.08 at USD39.12/b.German Chancellor Angela Merkel announced a four-week shutdown of bars, restaurants and o

Full article at mrcplast.com

Back

news