U.S. benchmark West Texas Intermediate (WTI) is over $40 a barrel, a price level it has struggled to surpass in the past. The uptick is the result of investor enthusiasm over the fact that global oil supply is still under control. A positive meeting on Thursday of OPEC and its allies, led by...
https://www.hellenicshippingnews.com/oil-rally-held-back-by-high-inventories-coronavirus-fears/