You are here

Oil prices rally more than 2% after slump

But analysts say market sentiment remains bearish

London

OIL prices rallied more than 2 per cent on Thursday, clawing back part of a 6 per cent slump triggered by a jump in US crude inventories and record Saudi output, although analysts said sentiment remained bearish.

A 10.95-million-barrel surge in US crude stockpiles to an all-

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom