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Rising Oil Prices Encouraged The Easing Of The Lockdown Some Countries

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Berita Terkini
Rising Oil Prices Encouraged The Easing Of The Lockdown Some Countries

world oil Prices most hoist rose in trading Wednesday (29/4). Market participants are optimistic that the demand of fuel oil or FUEL will be increased again as of the opening of the quarantine region (lockdown) in a number of countries.

Based on Bloomberg data at 07.41 PM, Brent oil price for the contract June 2020 rose 2.20 percent to US$ 20,91 per barrel. Meanwhile, West Texas Intermediate (WTI) for the same period rose to 8.91 percent to US$ 13.44 per barrel.

so Far, there are 16 states in the United States will start its business activities. It is expected to reduce supplies of oil.

this Article has been published in Katadata.co.id with the title of "Rising Oil Prices Encouraged the Easing of the Lockdown of Several Countries" , https://katadata.co.id/berita/2020/04/29/harga-minyak-naik-terdorong-pelonggaran-lockdown-beberapa-negara
Author: Verda Nano Setiawan
Editor: Ratna Iskana

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