With major economies in lockdown, demand for oil fell to a 25 year-low and oil prices have slumped.
Week from 30 March to 5 April 2020
Fueled by expectations of an agreement, US oil prices soared on Thursday and continued to advance Friday.
Thursday was a good day for Natural Resources and more particularly for crude oil.
In the absence of an agreement between OPEC and Russia, the oil price suffered a historical drop.
By Philippe Malaise, Chairman, Koris International