Oil rises over 3% on Fed steps to support economy, hopes of U.S. aid package

March 24, 2020 admin Business News Comments Off on Oil rises over 3% on Fed steps to support economy, hopes of U.S. aid package

Oil rose over 3% on Tuesday after the U.S. Federal Reserve said it would take steps to bolster the economy and on growing hopes the United States will soon reach a deal on a $2 trillion coronavirus economic package.

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Source:: Reuters – Business News