ABU DHABI / WAM Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, ...
Read More »Oil climbs from one-year low with Opec, allies split on output curbs
Bloomberg Oil rebounded back beyond $50 a barrel as Opec+ entered a second day of discussions on impact of coronavirus outbreak. Futures rose 3% in New York, reversing some of the dramatic collapse across the futures curve this week that saw the market fall into a bearish contango structure — indicating oversupply. The recovery reflects speculation that Opec+ talks in ...
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