Oil heads for weekly gain on China stimulus hopes

Capt. John

Oil rose slightly on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world’s biggest oil importer, and by forecasts of lower U.S. inventories. Analysts polled by Reuters had expected U.S. crude stocks to have declined by about...

https://www.hellenicshippingnews.com/oil-heads-for-weekly-gain-on-china-stimulus-hopes/

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