Tag Archives: Oil gains as govts pledge support amid coronavirus chaos

Oil prices rose on Friday as governments around the world pledged a huge injection of funds and other measures to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for oil. Brent crude was up 22 cents, or 0.8 per cent, at $26.56 a barrel by 0415 GMT. US crude was up 42 cents, …

Read More »