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 The Commodities Feed: China Buys More Gold in February READ MORE CNA- Money Mind: What's Driving Up Gold Prices Despite A Strong US Dollar & Stock Market? READ MORE Silver Surges to August Highs as Bullish Trend Resumes READ MORE Banking Crisis 2.0? NYCB Stock Down 60% in One Week READ MORE Gold Poised for Stellar Rise Amid Central Bank Buying and Fed Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published.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