Oil jumps to 13-week high on rising U.S. gasoline demand
2022-06-09 07:48:26

Oil prices rose to a 13-week high on Wednesday as U.S. demand for gasoline has kept rising despite record pump prices, on expectations China’s oil demand will rise and on supply concerns in several countries.

Brent futures rose $2.77, or 2.3%, to $123.34 a barrel. U.S. West Texas Intermediate (WTI) crude rose $2.70, or 2.3%, to $122.11.

https://www.cnbc.com/2022/06/08/oil-markets-us-inventories-data.html