Oil rises 1%, heads for weekly gain
Financial Express Lucknow|December 28, 2024
Oil rose about 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower US crude stockpiles and hopes of a stimulus-driven economic recovery in China.
SHARIQ KHAN

Brent crude futures rose 62 cents, or 0.9%, to $73.88 per barrel by 11:09 am EST (1611 GMT). US West Texas Intermediate crude futures rose 70 cents, or 1%, to $70.32 per barrel.

On a weekly basis, both Brent and WTI crude are set to gain about 1.5%.

Denne historien er fra December 28, 2024-utgaven av Financial Express Lucknow.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 28, 2024-utgaven av Financial Express Lucknow.

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