Crude Oil Price Update

15 Jul 2020
Source: OilPrice.com
Date: 15th July 2020



Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States.
 
Brent crude futures were up 32 cents to $43.04 a barrel, after moving lower earlier in the session. U.S. West Texas Intermediate (WTI) crude futures rose 29 cents to $40.39 a barrel.

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