Post Tagged with: "economies reopen"

Source: CNBC

Oil hits two-month high as Europe and U.S. reopen economies

CNBC


Oil rose on Tuesday to hit $70 a barrel for the first time since March, as expectations of demand recovery following reopenings of the European and U.S. economies offset concern over spreading coronavirus cases in Asia.

The British economy …

Source: CNBC

Oil prices rise, on pace for more than 30% gain this week

CNBC


Oil jumped more on Thursday and was on track for its second best week in history as a number of bullish factors supported prices, including U.S. companies cutting production, Saudi Arabia raising its official oil selling price and gasoline …