Oil Prices Set to Start the Year With a Weekly Gain ...Middle East

Crude oil prices were set to end the first week of the new year with gains, following a shift in sentiment among traders, based on the latest economic indicator readings and expectations of growth-stimulating government policies across key markets. Brent crude was trading at over $76 per barrel earlier in the day, topping a technical threshold that Bloomberg suggested could be the beginning of a longer rally. West Texas Intermediate topped $73 per barrel. At the time of writing, Brent was at $76.16 and WTI was at $73.39. Expectations of an oil…

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Oil Prices Set to Start the Year With a Weekly Gain ...Middle East

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