Latest Oil Market News and Analysis for Dec 19
Written by Black Hot Fire Network on December 19, 2022
Oil edged higher at the week’s open on bullishness from the Biden administration’s plan to begin refilling its strategic crude reserves and a pledge from China to revive consumption as Covid Zero is abandoned.
West Texas Intermediate rose toward $75 a barrel after dropping almost 4% in the final two sessions of last week. The US is starting to