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Oil and equities dip on Monday
April 13, 2020
Source: Reuters

Oil and equities dip on Monday

The almost successful attempt of OPEC and its allies to curb the output the investors has disappointed the investors. Oil prices and US stock futures plunged on Monday. WTI slipped by 0.4%, to $22.67 per barrel. Brent went down by 0.67%, to $31.27 per barrel. “WTI could fall below $20 unless all the countries follow up their words with actions”, said a senior economist at Nomura Securities.

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