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Oil rises with demand optimism offsetting virus concerns

Oil rises with demand optimism offsetting virus concerns
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Oil Pares Weekly Loss as Investors Face Mixed Signals on Demand

Oil Pares Weekly Loss as Investors Face Mixed Signals on Demand Bloomberg 36 mins ago Sharon Cho (Bloomberg) Oil rose as investors assessed a patchwork recovery in energy demand, with signs of a rebound from the pandemic in some countries such as the U.S. mixed with setbacks in parts of Asia where the virus is still rampant. West Texas Intermediate gained 0.5% on Friday but remains on course for a weekly drop of around 2%, extending April’s pattern of alternating between weekly gains and losses as investors respond to the complex mosaic of signals. Among the latest were evidence of rising U.S. and U.K. gasoline demand, but also a virus wave in India that’s set a global record for daily infections.

Новак назвал сроки завершения строительства «Северного потока — 2»

Новак назвал сроки завершения строительства «Северного потока — 2»
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