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 story : Crude prices climb by more than 2%, settle higher for the week #FinanceUSA #StockMarketNEWS Crude-oil futures climbed on Friday to settle higher for the week. Crude-oil prices appear to have received

@stockMarketNEWS Mon 13 Sep, 2021

Posted in: #FinanceUSA #StockMarketNEWS

Crude prices climb by more than 2%, settle higher for the week #FinanceUSA #StockMarketNEWS
Crude-oil futures climbed on Friday to settle higher for the week. Crude-oil prices appear to have received a boost from a phone call between China's President Xi Jinping of China and U.S. President Joe Biden, "with the hope that we might see a dialing back of some of the tension between the two countries," said Michael Hewson, chief market analyst at CMC Markets UK. Traders will get an update on the outlook for the oil market from the Organization of the Petroleum Exporting Countries on Monday and the International Energy Agency on Tuesday. On the New York Mercantile Exchange, West Texas Intermediate crude for October delivery rose .58, or 2.3%, to settle at .72 a barrel. Front-month contract prices climbed 0.6% for the week, according to FactSet data.


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