Oil jumps 7% as investors see 'light at the end of the tunnel' with coronavirus lockdowns slowly lifting

Business Insider

Published

· Oil prices rose on Tuesday as traders looked optimistically at moves by several major economies to ease coronavirus lockdowns, allowing greater economic activity, and likely boosting demand for oil.
· The price of West Texas Intermediate is up almost 7% above $22 per barrel as of 8.35 a.m ET. 
· Giovanni Staunovo, analyst...

Full Article