Thursday 2 April 2020

U.S. crude futures fall 2% at open - Reuters

U.S. crude futures fall 2% at open - Reuters:

Benchmark U.S. crude fell 2% at open on Friday, coming off its biggest one-day gain in the previous session after President Donald Trump said he expected Saudi Arabia and Russia to announce a major oil production cut.

U.S. West Texas Intermediate (WTI) crude CLc1 futures were down 1.8%, or 45 cents, at $24.87 at 2204 GMT, after having surged 24.7% on Thursday.

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