Oil prices rise on China optimism
Oil Prices Rise on Chinese Demand Optimism
Oil prices were rising as investors start the new year on a positive note. Brent crude and WTI were both up—0.5% at $74.98 a barrel and $72.05 a barrel, respectively. Optimism for oil demand has been boosted by Chinese leader Xi Jinping's annual New Year's address on Tuesday,
U.S. crude oil inventories fell by 1.2 million barrels last week, which was less than expected, while stocks of gasoline and ...
In its first crude inventory report for the new year, the EIA reported large fuel inventory builds and a small draw in crude oil stocks ...
Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the ...
Energy executive polled by the Dallas Federal Reserve Bank said they have become mildly more optimistic about business ...
Iran's crude oil exports rebounded in the second half of December after a slow start to the month, despite ongoing US ...
Oil futures climbed toward the day’s high on Thursday after the U.S. Energy Information Administration reported a sixth weekly ...
Carlos Slim, Latin America’s richest man, plowed $1 billion this year into growing his crude-oil producing and refining ...
Oil futures were little changed on the last trading day of 2024, with prices close to where they started the year.
Crude oil futures settle higher on the first trading day of the year amid some optimism about the outlook for the Chinese economy, while outsized U.S. product inventory builds looked bearish. U.S.
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