"April 1: Analyzing the Latest Oil Prices and Market News"

1 min read
Source: Bloomberg
"April 1: Analyzing the Latest Oil Prices and Market News"
Photo: Bloomberg
TL;DR Summary

Oil prices rose as signs of better-than-expected demand and unexpected resilience in European oil demand bolstered prices, with West Texas Intermediate reaching the highest intraday price since October. China's rebounding industrial activity also stoked expectations of increased oil consumption in the world's biggest crude importer.

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