Daily review
Strong crude oil futures performance on Tuesday.
On the New York Mercantile Exchange, crude oil futures for February delivery traded at a high of $ 50.20 a barrel. The price per barrel ended the day with a strong plus of 4.85%.
The reason for the increase is the surprisingly sharp cut in oil production in February and March. The oil alliance Opec + is reacting to the economic imponderables in the Corona crisis.