Oil climbs almost 3% as recession fears begin to fade

Capt. John

Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took the view that crude’s recent price slide was overdone with three straight weekly declines for the first time since November. A healthy U.S. jobs report for April helped oil to climb by about 4% on Friday even though...

https://www.hellenicshippingnews.com/oil-climbs-almost-3-as-recession-fears-begin-to-fade/

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