KLSE (MYR): ICON (5255)
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bullmarket1628
3,711 posts
Posted by bullmarket1628 > 2021-05-04 05:38 | Report Abuse
Oil Turns Higher As EU Looks To Welcome Vaccinated Tourists
By Tsvetana Paraskova - May 03, 2021, 11:00 AM CDT
https://oilprice.com/Energy/Oil-Prices/Oil-Turns-Higher-As-EU-Looks-To-Welcome-Vaccinated-Tourists.html
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.
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.