Oil Prices Climb Amid Growth in Chinese Factory Activity, Yet Year-End Trends Indicate Lower Values
Oil prices saw a slight increase on Tuesday due to positive manufacturing data from China, which indicated growth for the third consecutive month. Brent crude rose to $74.56 per barrel, while U.S. West Texas Intermediate increased to $71.57 per barrel. However, both oil benchmarks are projected to decline for the second straight year due to ...