Day: June 9, 2022

Brent oil futures
Oil

On strong US demand and China optimism, oil is hovering near a 13-week high

On Thursday, oil prices remained at 13-week highs, supported by strong demand in the world’s largest consumer, the United States, while demand in China is likely to increase as COVID-19 limits in key cities are eased. By 0033 GMT, Brent oil futures had risen 12 cents to $123.70 a barrel, while U.S. West Texas Intermediate […]

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