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Oil Price Hits $34 One-month High as Restrictions Ease

Monthly Archives: May 2020

Brent crude price increases, as businesses resume around the world

On Monday morning, Brent crude gained about 3% percent to trade at $33.83 a barrel at 2.30 am Nigerian time, as world economies around the world re-opened businesses, coupled with the resumption of air travels around emerged markets. “Oil prices extended their recovery for the third week running as sentiment toward demand improves as more countries ease […]