Oil Prices Surge Weekly on Positive China Stimulus Expectations Amid Global Market Optimism
Oil prices have increased nearly 1% on Friday, driven by hopes of an economic recovery in China, the largest oil importer, and predictions of reduced U.S. oil inventories. Analysts indicated a potential decline of about 1.9 million barrels in U.S. crude stocks, with some sources suggesting an even bigger drop of 3.2 million barrels. Brent ...
