Oil surges with stronger stocks and tighter view of US supply – Houston Chronicle

Oil surges with stronger stocks and tighter view of US supply – Houston Chronicle

Oil has jumped the most since June alongside a rally in broader equity markets, boosted by expectations of US crude stocks extending their streak of declines. New York futures jumped 3.5% on Wednesday, though they still failed to recoup all of the previous session’s settlement losses to a three-month low. Moving in tandem with stronger […]

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