Crude ETFs Surge Thanks to a New Report, OPEC Projections

Capt. John

Crude oil prices and crude ETFs are surging on Wednesday, after industry data revealed that U.S. oil inventories fell more than anticipated. The Organization of the Petroleum Exporting Countries (OPEC) also lifted its projections for oil demand. The U.S. Benchmark, West Texas Intermediate (WTI) crude futures, rocketed $2.85, or 4.72%, to $63.44 a barrel, before …

The post Crude ETFs Surge Thanks to a New Report, OPEC Projections first appeared on Hellenic Shipping News Worldwide.

Author: Cap...

https://www.hellenicshippingnews.com/crude-etfs-surge-thanks-to-a-new-report-opec-projections/

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