U.S. West Texas Intermediate crude oil futures are edging higher on Friday as investors showed no signs of lightening up on the long side ahead of the weekend and next week’s holiday-shortened week. The market is currently trading at its highest level since March 3 as traders shrugged off negative future demand news throughout the week and instead focused on the optimism created by the rollout of the coronavirus vaccines and hopes for a new fiscal stimulus deal. A weaker U.S. Dollar, which fell to more than a 2-1/2 year low also drove up…
Hence then, the article about oil markets ignore bearish risks was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil Markets Ignore Bearish Risks )