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Oil prices edge up after US President plans for easing lockdowns
April 17, 2020
Source: Reuters

Oil prices edge up after US President plans for easing lockdowns

Oil prices edged up on Friday, climbing on the back of guidelines laid out by President Donald Trump for reviving the U.S. economy. Brent crude was traded 2.7% higher, at $28.57 a barrel. U.S. West Texas Intermediate (WTI) crude rose up 0.1%, to $19.88 a barrel. President Trump has outlined a three-stage process for lifting lockdowns to stem the spread of the coronavirus pandemic.

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