Oil Prices Climb as Market Optimism Grows Amid Tightening Supply Signals Oil prices have seen an uptick, supported by signs of robustness in the physical crude markets, contributing to the rally observed throughout the month. West Texas Intermediate (WTI) climbed above $78, nearing its peak for 2024, driven by strong refining margins and increased interest from foreign buyers looking to bypass Red Sea shipping complications. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Don’t ignore threats like inflation, recession, and war, warn Wall Street’s biggest bosses READ MORE Florida House Prices Fall as Homeowners Desperately Try to Sell READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE Analysts See Gold Reaching $2,600 per Ounce Amid Strong Market Demand READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment