Oil Rises as Investors Refocus on Lower Supply - News Summed Up

Oil Rises as Investors Refocus on Lower Supply


crude-oil prices rose Tuesday, heading toward a fresh four-month high as analysts weighed signs of falling supply around the globe and looked ahead to the latest figures on U.S. stockpiles. •West Texas Intermediate futures, the U.S. oil benchmark, added 2.4% to $60.23 a barrel on the New York Mercantile Exchange and were on track for their highest close since early November. Prices have rebounded about 32% so far this year, though they are roughly 21% below their multiyear highs from early October and haven’t been able...


Source: Wall Street Journal March 26, 2019 10:52 UTC



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