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ICBC Global Market: Oil and Other Commodities Market Update - December 8, 2017
 

Oil prices climbed on Thursday as no negative news came out after an unexpectedly large rise in U.S. stocks, but a firmer dollar index and concerns over rising U.S. crude output capped gains. Front-month U.S. West Texas Intermediate crude futures rallied 1.16 percent at $56.62 a barrel. Front-month Brent crude futures surged 1.47 percent to $62.10 a barrel. The spread between the two benchmarks stood at $5.48 a barrel.

 

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(2017-12-08)
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