Crude oil bounces as further OPEC+ production cuts said to be on the table (NYSEARCA:USO)

0


Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil rebounded Friday from four-month lows hit in the previous session, as traders see a growing likelihood that OPEC and its allies will work to stop the nearly 20% plunge in prices since late September.

Reuters and Financial Times



Source link

Leave A Reply

Your email address will not be published.