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Business / Finance

Oil prices broke a six-week series of growth ...

ProFinance.Ru news and comments on the situation in ... 12.06.2020 at 21:35

Financial-analytical portal ProFinance.Ru

Oil Prices broke a 6-week series of growth and fell by 8.3% this week. The mood in markets has shifted to the negative zone after Wednesday, the fed warned that the impact of the pandemic on the economy can be long lasting. Added to this fears of a second wave of coronavirus in the United States.

on the Eve of the OPEC group+ agreed on the extension of the reduction at the level of may and June, namely 9.7 million b/d in July. This fact has provided short-term support to the market. However, Saudi Arabia, Qatar,

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