Brent close to 437/b as state crackdowns stop eating into economies

22.05.2020

Oil prices rose on Thursday to their highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts and recovering demand as governments ease restrictions on people’s movements imposed due to the coronavirus crisis.

Crude prices have slumped in 2020, with global benchmark Brent hitting a 21-year low below $16...