Oil futures head for a monthly loss in April after giving back gains scored after a surprise round of production cuts by Saudi Arabia and its OPEC+ allies.
Read More...
Oil futures were on track Friday to end April with a loss, with worries over the economic outlook and its implications for demand having sapped the rally that kicked off the month after Saudi Arabia and its OPEC+ allies announced a surprise round of production cuts.
Price action
Price action
Crude futures this week filled the gap left on the daily price chart early this month after Saudi Arabia and its OPEC+ allies announced 1.15 million barrels in additional production cuts beginning in May running through…
Add Comment