Monday, April 20, 2020

US oil rebounds, back in positive territory

US oil prices rebounded back above zero Tuesday, a day after futures ended in negative territory for the first time as a coronavirus-triggered collapse in demand leaves the world awash in crude. US benchmark West Texas Intermediate for May delivery was changing hands at $0.56 a barrel after closing at -$37.63 in New York.

from Times of India https://ift.tt/2zcM0y5

No comments:

Post a Comment

G7 Expresses Support For Israel, Calls Iran Source Of Instability

The Group of Seven nations expressed support for Israel in a statement issued late on Monday and labeled its rival Iran as a source of insta...