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    Home ยป Oil prices closed higher and are back on track for gains this week
    Financial Market

    Oil prices closed higher and are back on track for gains this week

    ZEMS BLOGBy ZEMS BLOGFebruary 15, 2024No Comments1 Min Read
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    Oil futures closed higher on Thursday, with US and global prices back on track for gains this week, as supply uncertainty linked to the Middle East helped offset pressure from rising US crude inventories and production.

    Meanwhile, the International Energy Agency stuck to its forecast of a sharp slowdown in oil demand growth this year.

    The price moves

    Market driving factors

    oil…

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