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01.06.2020 BRENT OIL Daily Analysis

Brent oil is trading on 37.97usd. The Oil prices were little changed with the report that the Organization of the Petroleum Exporting Countries (OPEC )are

Yazar: editor_1

Yayınlanma: 1 Haziran 2020 18:34

Güncellenme: 8 Kasım 2024 07:08

01.06.2020 BRENT OIL Daily Analysis

BRENT OIL 37.97usd, +0.13, +0.34 Brent oil is trading on 37.97usd. The Oil prices were little changed with the report that the Organization of the Petroleum Exporting Countries (OPEC )are considering meeting up this week so that they discuss on how they can support the oil prices even more and they are also going to discuss on the whether if they will be able to extend the record production beyond the end of  June  The oil gains for this week were also boosted by OPEC crude production dropping to its lowest in two decades, with demand expected to recover as more nations emerge from coronavirus lockdowns.
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