Finance

Crude sustains rally, but caution urged

The oil markets are responding well to improving fundamentals but demand for oil remains highly vulnerable to global economic troubles and another spike of Covid-19

Caution: US Federal Reserve chairman Jerome Powell has played down expectation of a rapid return to economic growth in the country
Caution: US Federal Reserve chairman Jerome Powell has played down expectation of a rapid return to economic growth in the countryPhoto: AFP/SCANPIX
  • Nassir Shirkhani
London
Oil priceOpecSaudi ArabiaUSARussia
Published 20 May 2020, 17:20Updated 20 May 2020, 20:46