Oil Rises, But Prospects Bleak As Coronavirus Cases And Supply Rise

Oil Rises, But Prospects Bleak As Coronavirus Cases And Supply Rise

TOKYO: Oil prices rose on Tuesday after recent large losses, but market sentiment remains subdued as soaring COVID-19 cases around the world have hurt the outlook for crude demand as supply increases. Brent was up 33 cents, or 0.8%, at $ 40.79 a barrel at 7:51 a.m. GMT. US oil gained 28 cents, or 0.7%, […]

The post Oil Rises, But Prospects Bleak As Coronavirus Cases And Supply Riseappeared first…

View On WordPress

Sponsored


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x