• 11/29/2024

Oil Rises, Boosted by Larger-Than-Expected Fall in U.S. Crude Inventories

Wall Street Journal

Oil rose in early Asian trade. Inventory decline, geopolitical tensions in the Middle East, solid seasonal demand and late-summer Fed rate-cut expectations have been catalysts for higher crude prices, TD Securities said,

https://www.wsj.com/articles/oil-rises-boosted-by-larger-than-expected-fall-in-u-s-crude-inventories-af4127b2