Oil Prices Rise 2% on Optimistic China Outlook
Oil prices rose by 2% on Thursday as investors returned to the market with a positive outlook on China’s economy and fuel demand after President Xi Jinping pledged to promote growth in 2025. Brent crude futures increased $1.65, or 2.2%, to $76.29 a barrel, while US West Texas Intermediate crude climbed $1.75, or 2.4%, at … Read more