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 World Gold Council: Gold Demand Trends Full Year 2023 READ MORE Gold Price Hovers at Record Peaks: Eyes Set on Fed's Powell for Rate Cut Hints READ MORE The Latest Inflation Breakdown READ MORE Powell says conditions needed to cut rates likely to take longer to appear READ MORE U.S. Office Market Faces Major Glut, Warns BrookfieldExecutive READ MORE Add a Comment Cancel replyYour email address will not be published.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