Oil Prices Rise On China’s COVID-19 Easing And U.S. Storm Concerns

Capt. John
credit: ben-wicks-unsplash

A recent news article published in the Shipping Tribune states that oil prices climb on easing China COVID-19 curbs, concerns over U.S. storm impact.

Oil prices rose to three-week highs

Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production continued to buoy prices.

Brent crude was up 88 cents, or 1.1%, at $84.80 a...

https://mfame.guru/oil-prices-rise-on-chinas-covid-19-easing-and-u-s-storm-concerns/

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