Oil prices climb after tumble on hint markets stabilizing:: (www.shreemcx.com)

Oil prices rebounded on Wednesday after falling for the past three sesssions with worries about oversupply and a slowing global economy keeping markets under pressure though sentiment may be shifting as falling equity markets seemed to stabilize.

West Texas Intermediate futures (WTI) CLc1 climbed 4 cents cents, or 0.09 percent, to $46.28 per barrel by 0443 GMT, after plunging 7.3 percent the day before in a session when it touched its lowest since August 2017.

WWW.SHREEMCX.COM

8077496270

Leave a Reply

Your email address will not be published. Required fields are marked *