Oil opens the new year with strong gains thanks to optimism about economic recovery in China
Oil opens the new year with strong gains thanks to optimism about economic recovery in China


January 3, 2025 7:00 pm ETEnergy Select Sector SPDR® Fund ETF (XLE), USOUCO, NBR, GASNRT, DBO, UNG, FCG, USL, PPIH, SCO, UNL, SRL, BNO, LTBR, ​​AMRC, GEVO, MMLP, KOS, BOIL, KOLD, KNOP, GPRK, NEXT, GUSH, DRIP, POLA, USOI, NEXA, NOVA, CO1:COM, NG1:COM, CL1:COM, ARRY, MNTK, NRGV, FTCI, ONDA, IMPP, SUUN, ABAT, ZEO, SDST, CLMTBy: carl surran, SA News Editor

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Crude oil futures rose for a fifth straight session on Friday to close the week near a three-month high, helped by optimism about the potential for further stimulus in China, the world’s largest crude importer.

Crude oil started the new year

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