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Bjarne Schieldrop

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Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery
May 15th, 2020 - 06:00 GMT

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery

Oil prices touched a one and a half month high on Friday amid signs demand for crude was picking up as the world is hit by the coronavirus pandemic. West Texas Intermediate (WTI) oil was up 65 cents, or 2.36%, at $28.21 a barrel at 0938 GMT, after reaching $28.75, its highest level since early April. WTI jumped 9% in the previous session. Brent crude was up 81 cents, or ...
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