OIL, New week fresh start
- R&D Consulting
- Jun 3, 2019
- 1 min read
Oil has started this week with some smaller gain. Oil futures start Monday with recovering some of the losses from last week, amid fears of a global economic slowdown fueled by the trade war between US and PRC, and Trump`s tariff threats to Mexico.
From lowest levels since February crude prices rebounded after Saudi Arabian Energy Minister reaffirmed his country`s commitment towards ensuring oil market stability by extending output cuts past June if needed.
Brent is +0.82%

Crude is +1.02%

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