Oil rise more than 8% in today's trading

20 Mar 2020 01:46 PM


Oil record strong gains during Friday's trading, with the largest countries in the world pumping liquidity in the global markets in an attempt to the dangers of Coronavirus outbreak, while US President Donald Trump indicated his intention to interfere in the price war between Saudi Arabia and Russia.
Brent crude prices rose 6.3% to $ 30.26 a barrel, while Brent crude futures for April delivery rose to $ 27.17 a barrel, and May delivery rose 7.3% to $ 27.80 a barrel. On the other hand, West Texas crude rose from $ 21.80 a barrel to $ 26.80 a barrel.

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