Thursday, 30 April 2020
Oil prices surge again US stockpiles grow less than feared, output cuts kick in
TOKYO (Reuters) - Oil prices jumped on Friday, extending the previous session's gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic.
The post Oil prices surge again US stockpiles grow less than feared, output cuts kick in appeared first on Firstpost.
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