Drop in oil price and concerns over the global economy weighed on the Dow Jones industrial average on...
Oil prices in the London session today are bullish but remain on track to post their biggest weekly...
The U.S oil, popularly known as the West Texas Intermediate, hit $70 a barrel in the Asian session, for the first time since October 2018.
Brent crude gained 0.30% to $43.69 as of 8: 20 AM GMT.
Brent crude futures gained 1.46% while West Texas Intermediate (WTI) rose 0.91% to trade at $41.81.
Brent crude futures went down by about 1% to trade at $26.16 as at 5.45am local time.
Brent crude had an impressive gain of about 23%, while U.S oil surged by about 17%.
Something odd occurred in the crude oil markets days ago. Prices plunged so low that some oil traders had to pay oil buyers to bail them out.
