Production

Oil on track for second week of gains

Prices gain support from hopes of a recovery in demand as more countries ease coronavirus lock down restrictions

Hope of recovery: oil gained in early Asian trade on Friday on hopes of a rise in demand as more countries loosen lockdown restrictions
Hope of recovery: oil gained in early Asian trade on Friday on hopes of a rise in demand as more countries loosen lockdown restrictionsPhoto: AP/SCANPIX
  • Reuters
USAStephen InnesAxiCorp.AustraliaMichigan
Published 8 May 2020, 03:35Updated 8 May 2020, 03:35