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Oil Prices Hover Near 18-Month High - Wall Street Journal
Wall Street Journal | Oil Prices Hover Near 18-Month High Wall Street Journal Oil prices climbed on Thursday, trading near an 18-month high on upbeat sentiment that major oil producers will reduce output. Light, sweet crude for February delivery gained 43 cents, or 0.8% to $53.69 a barrel on the New York Mercantile Exchange ... The Oil Trade That Shows Where OPEC's Cuts Are Starting to Bite Oil rises 2 percent amid expected draw in US crude inventories US crude settles at $53.26, up 1.8%, on expected drop in US stockpiles |
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