Oil prices rebound from historic dip, prompting global stocks to edge up
- 4 years ago
국제 유가 급반등에 해외 증시 3거래일 만에 강세
International oil prices have rebounded somewhat from their historic dip, prompting stocks to edge up.
Earlier this week, oil prices plunged into negative territory due to oversupply caused by the COVID-19 pandemic.
WTI, the U.S. benchmark, dropped to minus 30 dollars a barrel on Monday.
But it shot back up on Wednesday, reaching close to 14 dollars.
Global stocks also finished higher on Wednesday.
The Dow Jones finished up nearly 2 percent, the S&P 500 2-point-3 percent higher,... and the Nasdaq gaining 2-point-8 percent.
In Europe, the UK's FTSE 100 was up 2-point-3 percent.
The markets in France and Germany were up over 1 percent.
International oil prices have rebounded somewhat from their historic dip, prompting stocks to edge up.
Earlier this week, oil prices plunged into negative territory due to oversupply caused by the COVID-19 pandemic.
WTI, the U.S. benchmark, dropped to minus 30 dollars a barrel on Monday.
But it shot back up on Wednesday, reaching close to 14 dollars.
Global stocks also finished higher on Wednesday.
The Dow Jones finished up nearly 2 percent, the S&P 500 2-point-3 percent higher,... and the Nasdaq gaining 2-point-8 percent.
In Europe, the UK's FTSE 100 was up 2-point-3 percent.
The markets in France and Germany were up over 1 percent.