Oil lifts to nearly $40 a barrel, but gloomy outlook persists
Still, a meeting of the Opec+ joint ministerial committee on Thursday is not expected to make recommendations for deeper output cuts
15 September 2020 - 12:38
London — Oil prices edged up slightly on Tuesday, but forecasts of a slower-than-expected recovery in global fuel demand due to the coronavirus pandemic weighed.
Brent crude was up 33 US cents, or 0.8%, at $39.94 a barrel by 9.10am GMT, while US West Texas Intermediate (WTI) crude futures were up 31c, or 0.8%, at $37.57 a barrel. Both contracts fell on Monday...
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