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Oil prices recover

by VTV424 April 2020 Last updated at 09:19 AM

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Oil prices recover
VTV.vn - Oil prices recovered after it was announced that oil exporters would be cutting their output.

WTI last traded at $15.66 per barrel on Thursday afternoon compared to $11 per barrel on Wednesday, while the Brent at $22.1 per barrel, increased by 9% compared to the last session.

Oil prices recovered slightly because some exporters cut their output. However, problems related to weak demand and storage running out have not been solved, and will continue to put pressure on energy prices.