Oil up 1% as positive U.S. data, China reopening boosts demand optimism

Capt. John

Oil prices rose more than 1% on Thursday on expectations that global demand will strengthen as top oil importer China reopens its economy and on positive U.S. economic data. Brent futures rose $1.18, or 1.4%, to $87.30 a barrel by 11:42 a.m. EST (1642 GMT), while U.S. West Texas Intermediate (WTI)...

https://www.hellenicshippingnews.com/oil-up-1-as-positive-u-s-data-china-reopening-boosts-demand-optimism/

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