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Oil prices continue to move higher - US supply issues, China reopening optimism cited
Brent and WTI both higher.
The gains are being attributed to:
1. the closure of the Keystone Pipeline, which ships about 620,000 barrels-per-day of Canadian crude from Alberta to the United States
Says Reuters:
- Keystone has remained shut since a 14,000-barrel leak in the U.S. state of Kansas reported on Dec. 7
- TC Energy has not released a timeline for a restart of the line
and 2. Analysts from Bank of America expect that a successful economic... Read More
Posted: Dec 13 2022, 02:52
Author Name: forexlive
Views: 110821
