Crude Oil Prices Rise As Storms Pound Gulf Of Mexico: Report – Fox Business

Crude Oil Prices Rise As Storms Pound Gulf Of Mexico: Report – Fox Business

Schork Group Director Stephen Schork discusses the price of oil and what it means for the economy.

SINGAPORE – Crude oil prices rose on Monday as storms approached the Gulf of Mexico, shutting down more than half of its oil production, and on coronavirus optimism after US regulators approved the use of the blood plasma from recovered patients as a treatment option.

Brent LCOc1 futures…

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