Crude oil price likely to remain above $50 per barrel threshold, says report

Global crude oil price is likely to remain above $50 per barrel in August from its strong rebound in July, gaining 8.22 percent, according to the Financial Derivatives July economic report issued August 14, 2017. According to the report, Brent crude staged a strong rebound in July, gaining 8.22% to close at $52.91 per barrel. […]