Oil Rebounds 3% After Seven-Day Losing Streak ...Middle East

Oil prices jumped 3% early on Monday, snapping the longest losing streak since 2019 of seven consecutive settlements in the red, as investor risk appetite increased and the U.S. dollar softened. As of 8:04 a.m. EDT on Monday, WTI Crude had jumped by 3.19% at $64.10 and the prompt price of Brent Crude traded up 3.24% at $67.27. A weaker U.S. dollar and China bringing local COVID cases back to zero after a month of drastic restrictions on movement encouraged crude oil buying in the market, which had settled lower on Friday for the seventh day in…

Hence then, the article about oil rebounds 3 after seven day losing streak was published today ( Monday 23/08/2021 - 04:45 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 Rebounds 3% After Seven-Day Losing Streak )

Also on site :

• Record high number of people turned to debt relief orders in February
• Doceree Builds Strategic Growth Team with Paresh Rajpurohit and Andreas Tsitsos, Accelerates M&A Focus
• FileCloud Achieves FedRAMP High Authorization, Enabling Secure Content Collaboration for Federal Agencies Handling Sensitive Data