Oil spikes 1% in holiday-thinned session over China stimulus outlook; Brent hits  in rangebound trade | Stock Market News

Oil spikes 1% in holiday-thinned session over China stimulus outlook; Brent hits $74 in rangebound trade | Stock Market News

Source: Live Mint International crude oil prices rose almost one per cent on Thursday, December 26, in a holiday-thinned trading session driven by hopes for additional fiscal policy stimulus in China, the world’s biggest oil importer, and supported by an industry report showing a decline in US crude inventories. Brent crude futures last rose 48…

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