Crude oil prices recovered in morning session on Monday (May 3), after falling sharply last week as investors pulled out of contracts when Japanese crude import data was released. and concerns about fuel demand in India. Last week, the oil market tried to ignore the COVID-19 disaster in India in the first trading sessions of the week. Crude oil prices rose non-stop between Tuesday (April 27) and Thursday (April 29) thanks to optimism about demand growth this year according to OPEC + forecast and economic data. optimism, as well as US oil inventories.
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