Oil prices firm on upbeat U.S. economic data

Capt. John

Oil prices rose for a second session on Friday, buoyed by stronger than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand. Brent futures gained $1.15, or 1.3%, to $88.62 a barrel by 0930 GMT. U.S. crude also rose by 1.3%,...

https://www.hellenicshippingnews.com/oil-prices-firm-on-upbeat-u-s-economic-data/

Leave a Comment

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