Home Business Oil extends gains amid signs of China demand pickup, global supply overhang... Business Oil extends gains amid signs of China demand pickup, global supply overhang fading By Genpie - May 15, 2020 87 0 Facebook Twitter Google+ Pinterest WhatsApp Oil prices rose on Friday, extending day-earlier gains, as data showed demand for crude picking up in China after the easing of curbs to stem the coronavirus outbreak, boosting hopes that the global supply overhang may start to fade.