Oil prices end higher as U.S. crude supplies fall a second week
Oil futures ended higher Wednesday, with U.S. prices staging a last minute, modest turnaround as a U.S. government report revealed a second straight weekly decline in U.S. crude supplies.
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West Texas Intermediate crude for February delivery CLG9, rose 20 cents, or 0.4%, to settle at $52.31 a barrel on the New York Mercantile Exchange. That was a modest extension of the more than 3% rise from a day earlier that was fueled by China’s move to stimulate its economy.
March Brent crude LCOH9, added 68 cents, or 1.1%, to $61.32 a barrel on ICE Futures Europe.
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https://www.marketwatch.com/story/oil-pr...2019-01-16
Oil futures ended higher Wednesday, with U.S. prices staging a last minute, modest turnaround as a U.S. government report revealed a second straight weekly decline in U.S. crude supplies.
...
West Texas Intermediate crude for February delivery CLG9, rose 20 cents, or 0.4%, to settle at $52.31 a barrel on the New York Mercantile Exchange. That was a modest extension of the more than 3% rise from a day earlier that was fueled by China’s move to stimulate its economy.
March Brent crude LCOH9, added 68 cents, or 1.1%, to $61.32 a barrel on ICE Futures Europe.
...
https://www.marketwatch.com/story/oil-pr...2019-01-16
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