Oil rises after Saudi Aramco sees Asia demand nearing full rebound



Date:2020-08-11


Crude oil futures gained on Monday for the first time in three days after Saudi Aramco hinted at a strong demand recovery in Asia.

West Texas Intermediate crude jumped as much as 1.8%, to $41.96 per barrel. Brent crude, oil's international benchmark, climbed 1.3% to $44.98 at intraday highs.

Original Article:
https://markets.businessinsider.com/commodities/news/oil-prices-saudi-aramco-bullish-market-outlook-demand-recovery-asia-2020-8-1029487506#

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