Oil extends gains on hopes of US stimulus and lower crude inventories
Oil extends gains on hopes of US stimulus and lower crude inventories
MELBOURNE: Oil prices rose at the start of trading on Wednesday, adding to solid overnight gains, on expectations the new US administration will move forward with massive stimulus spending that would boost fuel demand and would reduce crude stocks. U.S. West Texas Intermediate (WTI) crude futures rose 23 cents, or 0.4%, to $ 53.21 a […]
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