China pushed oil higher on Friday and lower this morning
Oil prices climbed on Friday: ICE Brent front month jumped by 3.8% to $111.55/b while NYMEX WTI gained 4.1% to $110.49/b. That is the highest…
ICE Brent prompt contract jumped to 66.7 $/b, returning close to 5% on a daily basis, on Thursday as US petroleum markets were getting increasingly tighter, as reported by the EIA.
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