Demand set to recover soon?

Market News

Heavy Oil Investing News reports the recent jump in oil price was caused by a drop in inventories. The rally in oil contrasted with the grim global economic picture. The U.S. Labor Department said the number of American workers drawing unemployment aid jumped to a record high of nearly five million, highlighting the deterioration in the …

Heavy Oil Investing News reports the recent jump in oil price was caused by a drop in inventories.

The rally in oil contrasted with the grim global economic picture. The U.S. Labor Department said the number of American workers drawing unemployment aid jumped to a record high of nearly five million, highlighting the deterioration in the labor market.

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