Oil Prices Rise On Improving Market Sentiment

Oil prices are looking to finish the week in the green, with the pessimism that dominated the markets in the early part of the year beginning to dissipate. Brent crude for May delivery was trading at $73.67 per barrel at 11.50 am ET in Thursday’s session, flat on the day but nearly $2 higher from a week ago while the corresponding WTI contract was unchanged on the day but similarly gained $2 from a week ago to trade at $69.67 per barrel. Oil prices have now climbed about $5 per barrel from their early-month lows.  A recent Dallas Fed…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com