“Oil prices have eased this morning on light profit-taking flows, helped by data from India suggesting oil demand nearly halved last month.” Oil
International benchmark Brent was changing hands at $30.27 a barrel, down 2.26 percent.
“The US shale oil industry has been hit hard by the lower prices, with drilling activity already curtailed sharply.” But the market found support after some countries from Asia to Europe began rolling back restrictions as they passed the peak of their outbreaks.
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