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Oil jumps 3% after last week's heavy losses


MongiIG

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  • 3 weeks later...

Oil rallies towards $73 on tight U.S. supplies, Biden-Xi call

LONDON, Sept 10 (Reuters) - Oil rose towards $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a result of Hurricane Ida and as U.S.-China trade hopes gave riskier assets a boost.

https://www.reuters.com/business/energy/oil-slips-chinas-plan-release-crude-reserves-airline-demand-woes-2021-09-10/

A petrol station attendant prepares to refuel a car in Rome, Italy, January 4, 2012. REUTERS/Max Rossi

 

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