Production

Oil creeps higher on demand optimism

Positive view of global recovery helps shrug off concern over rising number of Covid-19 cases

Optimism: prices rose in early trade on hopes of a recovery in demand despite a rising number of coronavirus cases in the US
Optimism: prices rose in early trade on hopes of a recovery in demand despite a rising number of coronavirus cases in the USPhoto: AFP/SCANPIX
  • Reuters
USAMichael McCarthyCMC MarketsChinaShanghai
Published 26 June 2020, 04:39Updated 26 June 2020, 04:39