Chinese dragon cuts "crown window" It raises the price of oil

Oil prices rose in trading today, Monday, in light of optimism in the markets regarding demand in China with the resumption of economic activity and the lifting of severe restrictions associated with the fight against coronavirus.

By 09:20 Moscow time, futures for US West Texas Intermediate crude were trading at $74.87 per barrel, up 1.49% from the previous settlement price.

Brent crude futures traded at $79.67 a barrel, up 1.40% from the previous close, according to Bloomberg.

Source: RT + Bloomberg

Related Stories

Leave a Reply