Energy Market

Oil pipeline against the sunset

Oil Price Stabilization: U.S. Demand that is Causing Concern

Oil prices have stabilized since the United States, a leading oil consumer, called on major producers to increase production as economies ease restrictions on the coronavirus. According to the statistics, Brent crude futures slipped by 0.2%, to $71.27; a barrel by 0650 GMT, after previous rising to a session high of $71.69. WTI crude futures …

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