💨 Abstract

Oil prices rose 1% on Friday, supported by expectations of lower U.S. crude stockpiles and hopes of a stimulus-driven economic recovery in China. Both Brent and WTI crude are set to gain about 1.5% for the week. crude oil inventories fell by 3.2 million barrels in the week ended Dec. 20, a bigger decline than forecast.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io