Oil prices rebound strongly, WTI crude up more than 7%

March 31, 2020: Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by policymakers to support the coronavirus-hit global economy.

                  US benchmark West Texas Intermediate jumped 7.3 percent to $21.5 a barrel while Brent crude, the international benchmark, was up 3.3 percent at $23.5 a barrel.


Posted on: 2020-03-31T09:59:00+05:00