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Brent crude benchmark drops about 2% despite historic output cut

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Apr 13 '20 | By oiam2companyadmin | Views: 53 | Comments: 0

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Benchmark Brent oil prices turned negative on Monday, erasing gains made after major producers agreed record global output cuts, pressured by concerns that the cuts will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand.
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Source: https://www.reuters.com/article/us-global-oil/brent-crude-benchmark-drops-about-2-despite-historic-output-cut-idUSKCN21U0WQ?feedType=RSS&feedName=businessNews

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