Oil slumped 4% on renewed lockdowns in Europe, strong US Dollar

  • Date: 26-Mar-2021
  • Source: Financial World
  • Sector:Financial Markets
  • Country:Gulf
  • Who else needs to know?

Oil slumped 4% on renewed lockdowns in Europe, strong US Dollar

On Thursday, both Brent and US crude oil futures had pared almost all of their gains scored yesterday, tumbling as much as 4 per cent on frets of potential supply glut amid stiffer lockdown measures in major G20 economies Continue reading...

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