HomeNewsWorld NewsOil Prices Remain Under Pressure Despite Rebound

Oil Prices Remain Under Pressure Despite Rebound

Oil rose after Hurricane Francine moved through key production areas in the Gulf of Mexico, causing producers to shut a fourth of their operations in the region that produces around 15%-17% of total U.S. output, but Swissquote Bank said it was far from enough to push prices sustainably higher.

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer:

Copyright: © 2023 iSeekFX. All Rights Reserved.