Oil remains firm for second day running as some lockdown measures ease

Oil prices kept rising for a second day as investors focused on a brighter outlook amid softening lockdown measures

In the spotlight: US Federal Reserve chairman Jerome Powell scheduled to speak later on Wednesday after it ends its two-day meeting — In the spotlight: US Federal Reserve chairman Jerome Powell scheduled to speak later on Wednesday after it ends its two-day meetingPhoto: AFP/SCANPIX

Nassir Shirkhani

London

American Petroleum Institute Saudi Arabia Russia West Texas Intermediate Oil price

Published 29 April 2020, 09:16Updated 29 April 2020, 09:16