Oil climbs as U.S. inventory draw, Brexit deal hopes boost risk appetite

Capt. John

Oil extended gains on Thursday in light holiday trade as a drop in U.S. stockpiles spurred demand hopes, while hints of an imminent Brexit deal underpinned investors’ risk appetite. Brent crude futures rose 17 cents, or 0.3%, to $51.37 a barrel by 0745 GMT, while U.S. West Texas Intermediate (WTI) crude increased 10 cents, or …

The post \Oil climbs as U\.S\. inventory draw, Brexit deal hopes boost risk appetite\ first appeared on \Hellenic Shipping News Worldwide\.

Author: Capt. John

https://www.hellenicshippingnews.com/oil-climbs-as-u-s-inventory-draw-brexit-deal-hopes-boost-risk-appetite/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon