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High oil prices

2020-02-25T07:12:23.660Z


Tokyo-Sana oil prices rose as investors sought deals to buy crude at cheap prices after it tumbled


Tokyo-Sana

Oil prices rose as investors sought deals to buy crude at cheap prices, after tumbling nearly four percent in the previous session.

Reuters reported that the global benchmark Brent crude rose 19 cents, equivalent to 0.3 percent to $ 56.49 a barrel, after it fell 3.8 percent in the previous session to record the largest loss in one day since the third of February.

And US crude futures lost 17 cents, equivalent to 0.3 percent to $ 51.60, to recover from a decrease of 3.7 percent in the previous session.

Demand fears of oil and commodities prices tumbled yesterday, while European and American stocks suffered the biggest losses since mid-2016.

Source: sena

All business articles on 2020-02-25

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