Crude prices recovered as trade tension wears off and OPEC agrees to extend cuts.
Brent has rallied the past month buoyed by voluntary and involuntary cuts to production. However, demand-side concerns are starting to weigh on traders’ minds as global economic forecasts continue to weaken.
Happy Chinese New Year everyone, welcome to the year of the Pig!
First off, a quick reminder for those living in Singapore that you can now move away from SP Services for your home electricity supply and move to iSwitch. Significant savings available at the iSwitch website.