Europe Lockdown and U.S. Elections Keep Oil Market Volatile

Capt. John
  • Lockdowns in Europe and uncertainty over a US election could mean oil market volatility may be on the horizon.
  • Oil prices gained nearly 3 percent on Monday, paring earlier losses, on the eve of what is almost certain to be a contentious presidential election in the United States.
  • Also major economies in Europe go back into lockdown in an effort to stem rising coronavirus infections.
  • Global benchmark Brent crude for January delivery rose $1.03 or 2.7 percent to settle at $38.97 a barrel on...

https://mfame.guru/europe-lockdown-and-u-s-elections-keep-oil-market-volatile/

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