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18.05.2020 BRENT OIL Daily Analysis
Today Brent Oil gained with 4.25 percent and it is trading at 33.88usd and this is because they have have been some support for the oil market lately.
Yazar: editor_1
Yayınlanma: 18 Mayıs 2020 15:48
Güncellenme: 13 Kasım 2024 16:42
18.05.2020 BRENT OIL Daily Analysis
BRENT OIL 33.88 ,+1.38 , +4.25% Today Brent Oil gained with 4.25 percent and it is trading at 33.88usd and this is because they have have been some support for the oil market lately. Oil prices are likely going to keep on gaining as the restriction that was imposed because of the Covid 19 on mobility is being eased down. The reopening of businesses and companies is actually leading to a gradual increase in the demand for oil. It was also recorded that U.S firms have been reducing its oil production for a second week now and the production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, a grouping is known as OPEC+ have been supporting the prices of oil.İLGİLİ HABERLER
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