OPEC Secretary-General Mohammed Barkindo admits fuel demand is looking “anemic.”
Top tech brands drifted lower, as investors fretted over uncertainty around the COVID-19 pandemic.
In Thursday’s trading session, Crude oil prices fell
Currency traders are now adding more bets on the U.S dollar especially against the euro.
Gold futures was down 0.89% to trade at $1,890.60 an ounce on Wednesday’s trading session.
Oil benchmarks fell around 4% on Monday following rising concerns of increased coronavirus cases.
The US dollar is stronger this morning on the back of a marked drop in risk appetite in European and US markets.
Futures contracts on the S&P 500 Index plunged by 1.4% at the time this report.
Apple Inc, the most valuable listed company, plunged in value by 3.17% to close at $106.84.
U.S. West Texas Intermediate felly by 1.57%, to trade at 39.53/barrel, after gaining 4.9% yesterday.
