Oil surges nearly 20% in early trade

Analysts warn rally could be short lived however, with the coronavirus pandemic leaving the world teetering on a global recession

Positive: oil markets rebounded in early trade on Thursday but some analysts expect the rally to be short lived — Positive: oil markets rebounded in early trade on Thursday but some analysts expect the rally to be short livedPhoto: AFP/SCANPIX

Reuters

USA Edward Moya OANDA New York European Central Bank

Published 19 March 2020, 01:35Updated 19 March 2020, 01:35