Home Oil & Companies News Oil drops after OPEC+ reaffirms supply return as demand wavers

Oil drops after OPEC+ reaffirms supply return as demand wavers

Oil prices fell on Thursday after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many U.S. refiners, a key source of crude demand, remained offline. Brent crude was down by 15 cents, or 0.2%, at $71.44 a barrel …

The post Oil drops after OPEC+ reaffirms supply return as demand wavers first appeared on Hellenic Shipping News Worldwide. Source

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