Oil Prices Rise On Expectations Of A Strong Economic Recovery ...Middle East

Oil prices rose early on Monday, with WTI Crude topping $60 a barrel for the first time in a week after the Fed chair Jerome Powell said that the outlook on the U.S. economy had "brightened substantially." As of 9:32 a.m. EDT on Monday, WTI Crude prices were rising by 1.97 percent at $60.50, and Brent Crude was up 1.76 percent at $64.06. Oil prices were supported by Powell's assessment that the U.S. economy is set for strong growth and job creation with vaccination rollouts and fiscal stimulus. A weaker U.S. dollar also added to investors' appetite…

Hence then, the article about oil prices rise on expectations of a strong economic recovery was published today ( Monday 12/04/2021 - 06:30 PM ) and is available on OILPRICE ( 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 Prices Rise On Expectations Of A Strong Economic Recovery )

Also on site :

• XRP Healthcare, the First AI Healthcare Platform Built on the XRP Ledger, Announces BitMart Listing of XRPHAI
• Die BilibiliWorld 2026 wird mit 400.000 Veranstaltungsbesuchern zur größten ACGN-Convention Asiens
• Georgia Federal Court Dismisses Lawsuit Against HaloMD, Delivering Third Consecutive Victory Over Insurer Lawfare Campaign