Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by policymakers to support the coronavirus-hit global economy. US benchmark West Texas Intermediate jumped 7.3 percent to $21.5 a barrel while Brent crude, the international benchmark, was up 3.3 ...
World oil prices struck fresh 2019 peaks on Tuesday, boosting energy shares prices. Crude futures extended Monday’s sharp rally, which was triggered by a US crackdown on Iranian oil exports. Brent North Sea crude reached $74.70 per barrel Tuesday, the highest point since early November. WTI hit a similar near ...
