Futures Movers: Oil prices rebound sharply as traders pin hopes on OPEC cuts this week
Oil futures settled Monday with a gain of more than 4%—the biggest daily percentage climb of the year—boosted by optimism that OPEC and its allies will soon announce additional production cuts.Prices also found support from expectations that global central banks are ready to support economies amid the coronavirus outbreak. That’s…
bubmagMarch 2, 2020