US Crude Oil Holds Strong Above $80 Despite Mixed Data U.S. crude oil prices remained above $80 per barrel on Tuesday, continuing strong gains from Monday despite mixed economic data from China. West Texas Intermediate futures rose over 2% on Monday, driven by higher-than-expected retail sales in China, though industrial output and investment fell short. Analysts attribute the recent rally to speculators covering short positions and expect market tightening in the third quarter due to summer fuel demand. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Breaks New All-Time Highs – Is Silver Next? READ MORE Financial Insecurity Looms for Gen X as Retirement Approaches READ MORE Yellen Puts China on Notice: U.S. Industries Must Be Protected READ MORE Economists Predict Fed to Slash Rates Twice This Year, Reuters Survey Shows READ MORE Unemployment Claims Reach 10-Month Peak as Economy Slows READ MORE Add a Comment Cancel replyYour email address will not be published.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