Followers

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 Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2zcM0y5

No comments:

Post a Comment

Oil infra hit by Ukraine, Russia gets 70% of its fuel from India

August marked a milestone for Russia as it imported record levels of oil products, with Indian exports accounting for nearly seventy percent...