Oil Prices Climb as Market Optimism Grows Amid Tightening Supply Signals Oil prices have seen an uptick, supported by signs of robustness in the physical crude markets, contributing to the rally observed throughout the month. West Texas Intermediate (WTI) climbed above $78, nearing its peak for 2024, driven by strong refining margins and increased interest from foreign buyers looking to bypass Red Sea shipping complications. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Markets underestimate risk of inflation re-accelerating, says PIMCO READ MORE China's Economic Woes Lead to Record Gold Buying Spree READ MORE Buy gold or gold miners? You don’t have to dig deep to hit paydirt. READ MORE Samsung: 2024 Key Commodity Market Outlook READ MORE Hoenig Cautions Against Expecting Three Rate Cuts Amid Economic Resilience READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
