COULD the plunge in the price of oil last week be the start of a reversal in prices which have been on the mend since the pledged production cut in January?
While some think these could be the current support levels, others do not discount further downside, especially as traders, caught in record long positions, rush for cover.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!