Production

Oil pares gains after rising nearly 20% in early trade

Prices settle back down after rising sharply when the market opened as investors look to assess effect of economic stimulus on global economy

Assessing the impact: prices eased after an early rally on Thursday as investors assess the impact of economic stimulus by central banks
Assessing the impact: prices eased after an early rally on Thursday as investors assess the impact of economic stimulus by central banksPhoto: AFP/SCANPIX
  • Reuters
USAEdward MoyaOANDANew YorkEuropean Central Bank
Published 19 March 2020, 06:59Updated 19 March 2020, 06:59