Brent crude oil gained 40% in may

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Pete

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May 5, 2020
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Oil prices rose on Friday, with crude oil futures finishing on a bright note in the month of May. Monthly gains were recorded based on hopes that the U.S.–China trade deal wouldn’t be distorted, and the fact crude oil production was falling.

Brent crude recorded a surge of 39% for its strongest monthly gains since March 1999.
 
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