Oil rises on expectation demand can survive new lockdowns

Capt. John

Oil prices rose on Tuesday as analysts took the view renewed lockdown restrictions would have only a limited impact on fuel demand, partly reversing a steep drop in prices the previous day. Brent crude LCOc1 was up 54 cents, or 1.3%, to $41.98 per barrel at 1033 GMT. U.S. West Texas Intermediate...

https://www.hellenicshippingnews.com/oil-rises-on-expectation-demand-can-survive-new-lockdowns/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon