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U.S. WTI crude closed up 1.2% on Nov. 29, rising for the second day in a row

 Last Update: 2023-01-01
 Source: Internet
 Author: User

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In the early morning of November 30, Beijing time, the price of U.
S.
WTI crude oil futures rose for the second consecutive session on Tuesday
.

Analysts said the Organization of the Petroleum Exporting Countries and its allies (OPEC+) will meet on Sunday, and expectations that the group will continue to cut production to consolidate oil prices boosted crude prices on Tuesday
.

Oil prices were also supported by the prospect of global growth
.

West Texas Intermediate (WTI) crude for January delivery rose 96 cents, or 1.
2 percent, to settle at $
78.
20 a barrel on the New York Mercantile Exchange.
The futures closed up 1.
3 percent
on Monday.

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