Market searching for fresh reasons to continue rally
Crude Oil: $48.70 barrel, Natural gas: $2.922/MMBtu, Gold:$1266.80 per troy oz
Oil prices stalled Thursday but held on to much of the past week’s gains, amid continuing signs of inventory drawdowns.
Brent crude, the global oil benchmark, fell 0.25% to $50.97 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were down 0.18% at $48.66 a barrel.Read more.
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