Brent Oil Rises To $40 Amid Hopes For Output Cuts, Recovery

Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and a recovery from the coronavirus pandemic will spur fuel demand.

Topics:  brent   march   oil   cuts   recovery   
BING NEWS:
  • IMF chief quotes Churchill as she warns of global chaos
    Electric car sales plummeted across Europe last month as demand dried up despite the EU’s push to ban petrol and diesel vehicles by the middle of the next decade. Sales of battery-powered cars dropped ...
    04/18/2024 - 6:49 am | View Link
  • Financial markets nervous amid Middle East tensions; oil price falls – business live
    Rolling coverage of the latest economic and financial news, as Brent crude dips to $90 per barrel but Wall Street set to open higher ...
    04/14/2024 - 10:18 pm | View Link
  • Rising Oil Price Could Make Central Banks Cautious With Rate Cuts
    A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.
    04/14/2024 - 9:25 pm | View Link
  • Britain has an ace up its sleeve in the battle against inflation
    Recent energy price increases could seriously hamper efforts to rein in inflation across the world, not least in energy-importing nations such as the UK. Brent crude topped $91 a barrel last week, for ...
    04/13/2024 - 6:00 pm | View Link
  • Oil settles 1% higher on Middle East crisis yet posts weekly loss on bearish demand outlook; Brent at $90/bbl
    Brent crude futures settled up 71 cents at $90.45 per barrel, while US West Texas Intermediate (WTI) crude futures rose 64 cents to $85.66 ...
    04/13/2024 - 1:35 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News