ForexLive Breaking News

Oil climbs to a six-week high. Why it’s going much higher

The medium term picture is bullish on demand and tighter on supply
Tightening inventories and a willingness to look beyond the 20% demand destruction in India at the moment have boosted oil prices. WTI is up $1.24 to $64.17 after touching a six-week high of $64.32.

Source: Forexlive RSS Breaking news feed
Date: April 29, 2021, 02:52