Covid-19:oil Rises Above $31 As Lockdown Easing Counter Supply Glut. - Business - Nairaland
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| Covid-19:oil Rises Above $31 As Lockdown Easing Counter Supply Glut. by DAVIDAZ: 1:11pm On May 06, 2020 |
Oil rose above $31 a barrel on Wednesday as hopes for a recovery in request as some countries ease coronavirus lockdowns offset a report showing a higher-than-expected rise in U.S. inventories. Brent crude has almost doubled since hitting a 21-year low reached on April 22, supported by expectations demand will recover and by a record supply cut led by the Organisation of the Petroleum Exporting Countries. Brent LCOc1 was up 79 cents, or 2.6 per cent, at $31.76 a barrel at 0930 GMT, having risen in the past six sessions. Click on the link below to read full: https://gistupafrica.com/covid-19oil-rises-above-31-as-lockdown-easing-counter-supply-glut/
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| Re: Covid-19:oil Rises Above $31 As Lockdown Easing Counter Supply Glut. by samsononyilo(m): 1:33pm On May 06, 2020 |
5G fast sha  if it's true, then it's a good news, means that more good news are coming.. 1 Like |
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