Oil Rises on Hopes of Rising Demand in China
Singapore, 11 Dec (ONA) --- Oil prices rose today, with
market participants expecting to see demand rising in China next year (2025) after Beijing announced a looser monetary policy to stimulate
economic growth.
Brent crude futures gained 10 cents, or 0.14%, to $72.29 a
barrel.
US West Texas Intermediate crude futures rose 9 cents, or 0.13%,
to $68.68.
Chinese crude imports grew annually for the ...