Oil Prices Rally on Upbeat Employment Data, Anticipating Increased Demand
Crude oil futures experienced a notable surge of over 2% on Friday (Dec. 8) following robust U.S. employment data, bolstering expectations for an expansion in oil demand. The day saw WTI crude futures rising by $1.89, marking a 2.73% increase, to close at $71.23 per barrel, while BRENT crude oil futures rose by $1.79, a …
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