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Oil Rebounds After Brutal Week as Traders Take Stock of Outlook

Oil rose from its lowest close since 2021 after a deep weekly loss pushed futures close to levels regarded as oversold, with the focus this week on three reports that may clarify the demand outlook.

By: financialpost.com

Sep 09 2024
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Oil Rebounds After Brutal Week as Traders Take Stock of Outlook

(Bloomberg) — Oil rose from its lowest close since 2021 after a deep weekly loss pushed futures close to levels regarded as oversold, with the focus this week on three reports that may clarify the demand outlook. Read More

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