Fetching News Details

Oil prices recover from historic losses
April 22, 2020
Source: Reuters

Oil prices recover from historic losses

Oil prices recovered from historic losses on Wednesday, with U.S. crude oil rising over 20% and Brent crude holding fast after a two-day price plunge. While Brent crude was traded at $19.37 a barrel, U.S. WTI crude climbed 18%, to $13.62 a barrel. Stephen Innes, Global markets strategist at AxiCorp said, “Global markets are struggling mightily with a temporary but overwhelming demand drop due to the coronavirus pandemic,”.

   Read More About : Brent Price Oil Prices WTI coronavirus
⬅ all news

Please Login to Save News for Later