2 hours agoGlobal Oil Prize Regained
Periskopi(5 years ago)
(5 years ago)The price of oil has recovered at its pre-pandemia levels after hitting the lowest point last year. Although the demand for oil is lower than usual, there is hope for a faster economic recovery until vaccines are circulated. Oil prices are often seen as a barometer for economic activity that still [...]
Although the demand for oil is lower than usual, there is hope for a faster economic recovery until vaccines are circulated.
Oil prices are often seen as the barometer for economic activity, still suffering because of the virus, writes BBC, translates Periscope.
The black gold “has already reached $60 after it rose to 50 percent in the past months.
The demand for oil has been growing worldwide, especially in Asia. /Periscope
