Post Tagged with: "coronavirus and oversupply"

Source: Reuters

Oil jumps after three-day slump but virus and oversupply still weigh


Oil prices bounced nearly 7% on Thursday after a three-day selloff drove them to their lowest in almost two decades as demand plummeted due to the coronavirus and supplies surged in a fight for market share between Russia and …

March 19, 2020 - 9:00 am Commodity Pricing, Crude Oil News, Economy, Energy News