Oil prices rose Wednesday after the OPEC+ alliance made bullish predictions signaling a strong global oil demand recovery this year despite COVID-19 flare-ups in India and an expected build in U.S. crude stocks. International benchmark Brent crude was trading at $66.17 per barrel at 6:43 a.m. GMT for a 0.45% rise after closing Tuesday at $65.87 per barrel.....
From Monday, will fireworks. Anticipation of good Q1, and improvement throughout the year. OSV utilisation will increase in tandem with the sustained increase in oil prices. Lower depreciation expenses (due to writeoffs, impairments and disposals), and lower finance costs (due to lower loan outstanding and lower interest rates).
Oil prices recouped earlier losses and were rising by more than 1 percent on Monday morning, after the European Union unveiled a plan to open its borders to vaccinated tourists, giving more hope to oil bulls that economies and oil demand are set for a rebound in the summer months. Â As of 10:28 a.m. EDT on Monday, WTI Crude was trading up 1.46 percent at $64.47, and Brent Crude prices had risen by 1.26 percent at $67.57.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sheng93
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Posted by Sheng93 > 2021-04-28 18:52 | Report Abuse
bullmarket1628, r u huat already? Hihihi...i am no rush in to wait for even lower..