Japan
2024-12-28 23:25
IndustryOil Rises 1% on US Crude Draw, Weekly Gain 1.4%
Oil prices climbed Friday, with Brent at $74.17 (+1.2%) and WTI at $70.60 (+1.4%), buoyed by a larger-than-expected 4.2M barrel draw in US crude stocks and optimism over CN's economic outlook. Both benchmarks gained 1.4% for the week.
Geopolitical risks in Russia-Ukraine and Middle East tensions loom, while Trump's incoming administration adds uncertainty over sanctions enforcement in 2025.
#Oil #WTI #Brent #CrudeOil #EnergyMarkets #SupplyDemand
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Oil Rises 1% on US Crude Draw, Weekly Gain 1.4%
Japan | 2024-12-28 23:25
Oil prices climbed Friday, with Brent at $74.17 (+1.2%) and WTI at $70.60 (+1.4%), buoyed by a larger-than-expected 4.2M barrel draw in US crude stocks and optimism over CN's economic outlook. Both benchmarks gained 1.4% for the week.
Geopolitical risks in Russia-Ukraine and Middle East tensions loom, while Trump's incoming administration adds uncertainty over sanctions enforcement in 2025.
#Oil #WTI #Brent #CrudeOil #EnergyMarkets #SupplyDemand
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