Oil Achieves Weekly Gain As Investors Continue to Be Assured Of Demand Recovery
by Ship & Bunker News Team
Friday July 23, 2021 Meanwhile, India invests heavily in the future of the commodity: File Image/Pixabay Yet more signs that demand recovery is ongoing despite fear of the delta variant persuaded traders on Friday to boost oil prices again, propelling two benchmarks to their first weekly gains in three weeks. West Texas Intermediate rose
$72.07 per barrel, while Brent rose
31 cents to end the session at
$74.10 per barrel; the increases came after reports that fuel demand and road traffic from the
U.S. to
Oil ekes out weekly gain as demand offsets virus fears
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Oil steadies above US$71 with demand holding up during virus surge
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Oil ekes out weekly gain as demand rebound offsets virus fears
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.