Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady e...
LONDON - Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in U.S. crude stocks which defied expectations and signaled firm demand, while global supply remained tight.
U.S. West Texas Intermediate crude futures were at $64.39 per barrel, up 34 cents or 0.53 percent and just shy of a 2019 high of $64.79 hit last week. “The demand side of the equation got a substantial fillip via today’s China data suggesting prices will continue to move higher on improving global growth and risk sentiment,” said Stephen Innes, head of trading at SPI Asset Management.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Brent nears $72 amid tightening supplies; surprise draw in U.S. crude stocksOil prices rose on Wednesday, supported by concerns over tightening global suppl...
Lire la suite »
Chinese premier confident economy will meet annual growth targetChina is confident that it will meet its 2019 economic growth target of six perc...
Lire la suite »
Chinese premier confident economy will meet annual growth targetChina is confident that it will meet its 2019 economic growth target of six perc...
Lire la suite »
Ford's China JV Changan eyes sales rebound at end-2019: presidentChina's China Changan Automobile Group expects sales at its joint venture w...
Lire la suite »
Baseball Team Values 2019: Yankees Lead League At $4.6 BillionThe Los Angeles Angels are the 8th most valuable baseball team
Lire la suite »
NBA’s Most Underpaid Players 2019: Harden, Giannis And 8 Others Who Outplayed Their ContractsWe ran the numbers to see which 10 players contributed the most value to their teams this season beyond what they were being paid.
Lire la suite »
Check out the hottest cars and concepts coming to the 2019 Shanghai motor showWestern, Japanese, and Chinese automakers are showcasing a range of concepts, electric cars, and luxury vehicles.
Lire la suite »