You are here

Brent reverses losses to rise above US$30 per barrel in early European trading

rk_oilrefinery_030420.jpg
Benchmark Brent crude oil futures reversed losses incurred during Asian hours in early European trading on Friday to rise above US$30 a barrel, with hopes of a huge global supply cut deal to support prices still alive.

[LONDON] Benchmark Brent crude oil futures reversed losses incurred during Asian hours in early European trading on Friday to rise above US$30 a barrel, with hopes of a huge global supply cut deal to support prices still alive.

Brent crude futures were up 7 per cent, or US$2.10, at US$32....

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes