Oil prices slip as demand shrinks, but stimulus supports

Oil prices slip as demand shrinks, but stimulus supports

Oil prices slipped on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a US $2 trillion emergency stimulus will shore up economic activity. Brent crude futures fell 19 cents, or 0.7%, to $27.20 a barrel by 0441 GMT. West Texas Intermediate […]

Daily Times then DailyTimes.pk

from Daily Times https://ift.tt/3bs04l7