Oil up 3% as countries ease lockdowns, production falls

Italy, Finland, several US states among governments moving to ease lockdown restrictions on Monday

Oil price: Brent crude settled at $27.20 a barrel, up 76 cents, or 2.9% — Oil price: Brent crude settled at $27.20 a barrel, up 76 cents, or 2.9%Photo: REUTERS/SCANPIX

Reuters

Published 4 May 2020, 22:38Updated 4 May 2020, 22:38

Production US Americas North America