Oil prices jump over USD1 as sharp falls draw bargain buyers

Oil prices jump over USD1 as sharp falls draw bargain buyers
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

18.03.2020

MOSCOW (MRC) -- Oil rose more than USD1 as bargain hunters emerged after recent sharp falls due to the coronavirus pandemic and the price war between Saudi Arabia and Russia, but fears of a recession still dragged on the market, said Hydrocarbonprocessing.Brent crude was up by 3%, or 89 cents, to USD30.94 a barrel by 0746 GMT, after hitting a high of USD31.25. U.S. West Texas Intermediate

Full article at mrcplast.com

Back

news