Oil marks anniversary of crash below zero with rally above US$64

Oil marks anniversary of crash below zero with rally above US$64

The Edge Markets - World·2021-04-21 05:06

(April 20): Oil surged above US$64 a barrel a year to the day after futures for the U.S. benchmark collapsed below zero, with the world’s most important commodity extending a powerful rally on bets for better demand as leading economies battle the pandemic. The gains were aided by a weaker dollar.

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