Friday, 24 April 2020

Oil Price Fundamental Outlook Mired by Great Lockdown

The economic shock from COVID-19 may continue to drag on the price of oil as the Great Lockdown disrupts global demand, with the crude surplus raising the cost of storage.

from DailyFX - Market News https://ift.tt/354oVtn
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...