Global Stimulus Measures Support Oil Prices Amid COVID-19

Capt. John
  • Global stimulus measures underpin prices even as demand struggles post-COVID-19.
  • Brent crude futures for November were unchanged at $45.81 per barrel.
  • U.S. West Texas Intermediate crude was at $43.05 a barrel, up 8 cents.
  • WTI reached $43.78 a barrel on August 26.

According to an article published in CNBC, oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID...

https://mfame.guru/global-stimulus-measures-support-oil-prices-amid-covid-19/

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