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Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus

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Home Blogs > Business
Apr 15 '20 | By oiam2companyadmin | Views: 61 | Comments: 0

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Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
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Source: https://www.reuters.com/article/us-global-oil/oil-bounces-back-as-rising-stockpiles-seen-pointing-to-lower-output-amid-coronavirus-idUSKCN21Y042?feedType=RSS&feedName=businessNews

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