Rising demand boon for crude prices


“The demand for oil is expected to go back to pre-pandemic level by November”. - Datuk Seri Hadian Hashim

PETALING JAYA: Crude oil prices continue to rise as demand is expected to improve as more countries are opening their economies after months of lockdown due to coronavirus disease (Covid-19) pandemic.

Yesterday, global crude oil prices jumped more than 2% after major crude producers extended their output cuts to the end of July.

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