Post Tagged with: "recovery and demand"

Source: Reuters

Oil near one-month highs as demand outlook improves

Reuters


LONDON -Oil prices eased on Thursday but remained close to a one-month high that was driven by more positive demand forecasts from the International Energy Agency (IEA) and OPEC as economies start to recover from the COVID-19 pandemic.

Brent …

Source: Reuters

Oil bears and bulls grapple as market puzzles over pandemic exit

Reuters


LONDON – Trading in oil futures is now as heavy as it was in the first months of the COVID-19 crisis, according to market data and analysts, with oil bulls and bears rushing to hedge against jolts in the …