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03.04.2020 / 03:03

Oil market still under pressure despite record futures surge

While oil futures got a record boost from President Donald Trump’s claim that Saudi Arabia and Russia would make deep supply cuts, the market for physical barrels of crude still strains under a massive glut

Donald Trump state Texas Russia Saudi Arabia covid-19 president Department strain

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic

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