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 Chinese retail investors drive gold surge on Shanghai exchange READ MORE Druckenmiller Makes Bet on Gold Miners READ MORE Homeownership Hopelessness: Renters Doubt FuturePossibilities READ MORE Is it a golden era for gold? READ MORE Add a Comment Cancel replyYour email address will not be published.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