us oil prices – BOL News Staging

US oil prices recovered above $14 a barrel after major fall of 20%

April 29, 2020April 29, 2020 by Web Desk

US oil prices recovered above $14 a barrel today, after major fall of 20 percent amid virus-triggered storage concerns. Media reports said that West Texas Intermediate, the US benchmark, for June delivery jumped 14.5 per cent to $14.13 a barrel in Asian morning trade. It had plunged by more than 21pc at one point a … Read more

US oil prices fell 20% as global demand decreases amid COVID-19

April 28, 2020April 28, 2020 by Web Desk

United States Oil Prices on Tuesday witnessed the fall of almost 20% amid intensifying fears about dwindling storage capacity worldwide. Media reports said West Texas Intermediate, the U.S. benchmark, slipped over 19%, or $2.5, to trade at $10.22 per barrel, while international benchmark Brent crude traded 4.5% lower at $19.09 per barrel. Economy Experts say that … Read more

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