💨 Abstract

Oil prices increased on Friday, set for weekly gains, due to colder weather in Europe and the US, and China's economic stimulus measures. Brent crude rose 0.6% to $76.39, while WTI gained 1% to $73.84. Prices were supported by China's new measures to boost growth, increased demand for heating oil, and a drop in US crude stockpiles.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖