Oil dips but US, Europe demand growth optimism keep prices supported By Reuters – Investing.com UK
- Date: 04-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Oil dips but US, Europe demand growth optimism keep prices supported By Reuters – Investing.com UK
By Roslan Khasawneh and Sonali Paul
SINGAPORE (Reuters) -Oil prices extended gains on Tuesday as more U.S. states eased lockdowns and the European Union sought to attract travellers, helping to offset concerns over fuel demand in India as COVID-19 cases soar.
futures rose 6 cents, or 0.1%, to $67.62 a barrel at 0329 GMT, after climbing 1.2% on Monday.
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