: Oil prices post fresh year-to-date settlement high

0
12

Oil futures climbed on Wednesday, lifting U.S. prices up a ninth straight session to settle at a fresh high for the year. Prices got a boost from upbeat U.S. economic data and recent decisions by Saudi Arabia and Russia to extend their voluntary production cuts to the end of the year. October West Texas Intermediate crude CLV23 climbed 85 cents, or 1%, to settle at $87.54 a barrel on the New York Mercantile Exchange. Prices based on front-month contract ended at their highest since Nov. 11, FactSet data show.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleThe Margin: It’s a win-win if you stop saying the 10 most annoying phrases at work
Next articleU.S. oil prices score longest streak of daily gains in over 4 years

LEAVE A REPLY

Please enter your comment!
Please enter your name here