Oil edges higher on bargain-hunting but oversupply fears cap gains

Oil edges higher on bargain-hunting but oversupply fears cap gains
WESPECH PTE LTD
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26.03.2021

MOSCOW (MRC) --В Oil pricesВ rises as investors looked for bargains following the previous day's plunge, but gains were capped as pandemic lockdowns in Europe and a build in US crude stocks curbed risk appetite and raised oversupply fears, reported Hydrocarbonprocessing.Brent crude futures rose 27 cents, or 0.4%, to USD61.06 a barrel by 0108 GMT, after tumbling 5.9% and hitting a low of U

Full article at mrcplast.com

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