Commodity Update March 16, 2021: Analysts Expect Oil to Move Upward despite Setbacks
Commodity Update March 16, 2021: Analysts Expect Oil to Move Upward despite Setbacks.
Commodity Update March 16, 2021: Analysts Expect Oil to Move Upward despite Setbacks.
16 มี.ค. 2564

Commodity update as of 8:55 local time in Thailand on March 16, 2021

 
Oil price slipped from $70 a barrel despite an improving economic outlook amid vaccine rollout in the U.S. and a decrease in coronavirus cases.
However, analysts said the decision of OPEC and its allies to control output and a rebound to demand due to vaccine rollout will keep oil prices moving higher despite any temporary setbacks.
 