WhatFinger

Oil traders are still awaiting more definitive clues about the supply/demand balance

Oil Is At The Mercy Of Financial Markets


Oil Is At The Mercy Of Financial Markets Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading. The price gains are not entirely convincing. WTI and Brent posted strong gains, each up more than 3 percent by midday in New York, but come largely after U.S. equity markets shook off an earlier bout of pessimism.
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