Archive for Tag: COVID

Oil Price

Oil Up Over Draw in U.S. Crude Supplies, but COVID-19 Remains Threat to Demand

Brent Oil was trading 0.35% up at $73.78. Oil was up Wednesday morning in Asia, boosted by a draw in U.S Crude supplies that reinforced expectations that fuel demand will outstrip supply growth. However, increasing numbers of COVID-19 cases globally capped the black liquid’s gains. Brent Oil Futures gained...

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