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 Japan's Central Bank Shifts Gears: Interest Rates Up, Bond Purchases Down READ MORE Fed Could Slash Rates by 200 Points Over 8 Meetings, Citi Analysts Predict READ MORE Mined Commodities May Push Higher on Structural Trends: Expert READ MORE Record Increase in U.S. Labor Costs Points to Continued Inflationary Pressure READ MORE BlackRock's Larry Fink Sounds Alarm on America's Mounting Debt Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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