- Crude oil recorded a modest gain of 0.33%, settling at 6027.
- U.S. crude oil stocks increased by 1.837 million barrels in the week marking the largest weekly gain.
- The market is undergoing fresh buying, with a 1.26% increase in open interest to settle at 14,989.
Crude oil recorded a modest gain of 0.33%, settling at 6027, despite eased concerns about shipping disruptions in the Red Sea, even as tensions persist in the Middle East, reports Investing.
Crude rise amid shipping interruptionsDenmark’s...
https://mfame.guru/crude-oil-rise-amid-fears-about-the-red-sea-interruptions/