Oil prices extend rally after surprise drop in US stocks

Oil prices extend rally after surprise drop in US stocks

TOKYO: Oil prices rose again on Wednesday, extending their rally by more than a week after industry data showing a decline in US crude oil inventories added to optimism about an expected rise in global demand for fuel. Brent rose 11 cents, or 0.2%, to $ 61.20 at 1:10 a.m. GMT after rising nearly 1% […]
The post Oil prices extend rally after surprise drop in US stocks appeared first on USNewsRank.

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