Oil Price Nears $44
Oil prices have neared $44, on the back of hopes that the Organisation of the Petroleum Exporting Countries+ production cuts will increase amid the coronavirus pandemic to sustain price pressure.
Anadolu Agency reports that Brent crude was trading at $43.30 per barrel...
W/Bank Projects Oil Price Of $44 In 2021
The World Bank has said that oil prices won’t be rising much next year either, but would average $44 per barrel, saying that prices will not recover to pre-pandemic levels at least until 2022.
In its semi-annual Commodity...