Oil Prices Rise on Chinese Demand Optimism
Oil prices were rising as investors start the new year on a positive note. Brent crude and WTI were both up—0.5% at $74.98 a barrel and $72.05 a barrel, respectively. Optimism for oil demand has been boosted by Chinese leader Xi Jinping's annual New Year's address on Tuesday,
Exxon, oil
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International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...
Saudi Arabia's crude oil supply to China is set to decline in February from the prior month, trade sources said on Thursday, ...
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