Sunday, March 29, 2020

Global Oil jumps 2% to $ 55.59 on US-China trade talks progress

Featured

Breaking: British Prime Minister Boris Johnson tested positive for Coronavirus

British Prime Minister Boris Johnson tested positive for the coronavirus after experiencing "mild symptoms". "After seeing mild symptoms yesterday (Thursday),...

3.3 million Americans applied for unemployment benefits after the Corona outbreak

The US Department of Labor announced a record increase in the application for unemployment benefits in the United States...

World Bank asks bilateral creditors to suspend debt payments from IDA countries

The World Bank Group and International Monetary Fund have issued the following joint statement to the G20 concerning debt...
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
Crude oil gained the momentum on Friday by 2.2 percent on signs of shrinking global supplies and progress in trade talks between the Washington and Beijing.

The market was optimistic in regard to progress in this week’s trade talks between the U.S. and China, which can influence demand for energy from the world’s largest economies.

The U.S. and China has made progress for their trade negotiations, Chinese media reported on Friday, after Chinese President Xi Jinping met with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in Beijing.

U.S. benchmark West Texas Intermediate crude oil CLH9, +2.39% up by $1.18, or 2.2%, closed at $55.59 on the New York Mercantile Exchange (NYME).

 

 

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Latest News

Breaking: British Prime Minister Boris Johnson tested positive for Coronavirus

British Prime Minister Boris Johnson tested positive for the coronavirus after experiencing "mild symptoms". "After seeing mild symptoms yesterday (Thursday),...

3.3 million Americans applied for unemployment benefits after the Corona outbreak

The US Department of Labor announced a record increase in the application for unemployment benefits in the United States in the week that ended...

World Bank asks bilateral creditors to suspend debt payments from IDA countries

The World Bank Group and International Monetary Fund have issued the following joint statement to the G20 concerning debt relief for the poorest countries: The...

Turkish doctor: Turkey could have as many as 145,000 undiagnosed coronavirus cases

Dr. Muhammet Emin Akkoyunlu, a chest specialist at the Medipol University Hospital, revealed that the number of Coronavirus infections in Turkey could be around...

Time Square turns into Ghost Square after stores closes in New York, fearing Corona

Time Square is known as New York City's, USA, as one of the sleeping areas, which usually attracts more than 330,000 visitors daily, as...

Related News