Crude Oil Gains 25% on COVID-19 Drug News

Nigerian Stock Exchange Forum
It was a good day for crude oil on Wednesday, April 29 as prices rose more than 25 percent due to slowing demand for inventory storage, and news of successful early testing of a drug to treat coronavirus. Brent crude gained $2.29 or 11.27 percent to trade at $22.75 per barrel, while the US West Texas Intermediate (WTI) crude gained $3.05 or 24.75 percent to trade at $15.39 per barrel. Positive news came after the American Petroleum Institute (API), which said that US oil inventories rose… Crude Oil Gains 25% on COVID-19 Drug News
Source: Crude Oil Gains 25% on COVID-19 Drug News

Please follow and like us:

Please follow & like us :)