Oil prices up by 1% in thin pre-holiday trade

Oil prices up by 1% in thin pre-holiday trade

Source: Live Mint By Laila Kearney and Paul Carsten NEW YORK/LONDON (Reuters) -Oil prices rose by more than 1% on Tuesday, reversing the prior session’s losses on a brightening short-term outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. Brent crude futures settled at $73.58,…

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Oil surges more than 1% in five days, continues gaining streak for second week; brent crude at /bbl | Stock Market News

Oil surges more than 1% in five days, continues gaining streak for second week; brent crude at $79/bbl | Stock Market News

Source: Live Mint Oil prices closed lower on Friday but posted a second consecutive weekly gain as investors considered factors such as potential supply disruptions in the Middle East and the effects of Hurricane Milton on fuel demand in Florida. Brent crude futures fell 36 cents, or 0.45%, to settle at $79.04 per barrel, while…

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