Doctor Strange 2 Super Bowl trailer’s best surprises might’ve leaked
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By Alex Ho Investing.com - Oil prices rebounded on Tuesday in Asia from their biggest fall in almost 30 years amid a potential price war between major producers Saudi Arabia and Russia. U.S. Crude Oil WTI Futures gained 6.2% to $33.05 by 11:40 PM ET (03:40 GMT). International Brent Oil Futures rose 6.8% to $36.70. Oil prices saw a historic 30% plunge yesterday as tensions between Saudi Arabia and Russia escalated, while lingering fears about the spread of the new coronavirus continued to affect investor sentiment. Following a breakdown in talks between OPEC and its allies last week, Saudi Arabia slashed its April official selling prices by $6 to $8 to grab market share. It also plans to boost its crude output above 10 million barrels per day in April from 9.7 million bpd in recent months, Reuters reported citing two sources. On the other hand, Russia also said it could raise output and said that it could cope with low oil prices for six to ten years. On Monday, Barclaysslashed its 2020 Brent price forecast to $43 per barrel from $59, and West Texas Intermediate price outlook to $40 from $54. Oil markets face a moment of truth as disagreement between key OPEC+ members means unhinged supplies will likely overwhelm near-term market balances amid large-scale demand destruction due to virus containment measures, Barclays analysts wrote in a note. Related Articles Oil prices bounce 7% after rout on stimulus hopes Barclays cuts 2020 oil price outlook on price war, virus impact U.S. Crude Ends 25% Down for Worst Day in Almost 30 Years View comments
# Understanding Poor Food Choices: A Path to Healthier Decisions
Discover why we make unhealthy food choices and learn strategies to foster better eating habits for a healthier lifestyle.