2020 pandemic infection Coronavirus

Gold is the stand-out winner this year so far. What to watch in commodities

Reading now: 545
www.livemint.com

After the TumultOil saw the most turbulent period in the market’s history during the first half of 2020: crashing during the brutal OPEC+ price war that erupted in March, sinking further as coronavirus coursed through the world, and then staging a cautious recovery.

In the U.S., traders paid to give their crude away when futures plunged to minus $40 a barrel in April, then watched the market swing to plus-$40 two months later.The second half will hinge on whether the post-lockdown revival in fuel consumption persists or gets derailed by a resurgence in infections.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA