Brent oil rises to $40 amid hopes for recovery – Daily Trust

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Brent oil rises to $40 amid hopes for recovery – Daily Trust
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Brent oil rises to $40 amid hopes for recovery

Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and recovery from the coronavirus pandemic will spur fuel demand.Nigeria’s Brent crude drops to $19.71/b, lowest in 18yrs

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