Bullion is up more than 30 per cent this year, and could extend gains as governments and central banks respond to slowing growth with vast amounts of stimulus
OPEC and allied producers have started to ease output curbs amid weakening demand
Murban for March sold at a $1.88 premium over the regional benchmark before plunging to discounts. For July, it will sell at a $1 premium
While crude has now doubled from its low in mid-April, the path back to pre-virus levels of oil demand still looks uncertain
Oil has surged about 75 per cent this month as pockets of demand return
Qatar forecast a fiscal deficit of 7.8 per cent of GDP this year, the first deficit in 15 years
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