Oil prices rise more than $1 ahead of June WTI contract expiry

May 18, 2020 admin Business News Comments Off on Oil prices rise more than $1 ahead of June WTI contract expiry

Oil prices climbed by more than $1 a barrel on Monday, supported by output cuts and signs of a gradual recovery in demand amid easing coronavirus curbs, with U.S. oil showing no signs of last month’s contract expiry price rout.

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Source:: Reuters – Business News