Oil inches up on concerns of lower supply, signs of U.S. economic growth

Capt. John

Oil prices rose slightly on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world’s biggest oil consumer. Brent futures for June rose 4 cents to $89.39 a barrel at 0651 GMT. U.S. West Texas...

https://www.hellenicshippingnews.com/oil-inches-up-on-concerns-of-lower-supply-signs-of-u-s-economic-growth/

Leave a Comment

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