By February 12, 2018 0 Comments Read More →

Oil Prices Bounce Back After Turbulent Week

Crude prices started the week in positive territory on Monday, as market players returned to the market to seek cheap bargains in wake of last week’s steep declines.

U.S. West Texas Intermediate (WTI) crude futures rallied $1.36, or 2.3%, to $60.59 a barrel by 4:10AM ET (0910GMT).

Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., jumped $1.40, or roughly 2.2%, to $64.21 a barrel…

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