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Oil opens new yr with robust beneficial properties on optimism over financial rebound in China

by Index Investing News
January 4, 2025
in Markets
Reading Time: 1 min read
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Jan. 03, 2025 7:00 PM ETThe Vitality Choose Sector SPDR® Fund ETF (XLE), USOUCO, NBR, GASS, NRT, DBO, UNG, FCG, USL, PPIH, SCO, UNL, SRL, BNO, LTBR, AMRC, GEVO, MMLP, KOS, BOIL, KOLD, KNOP, GPRK, NEXT, GUSH, DRIP, POLA, USOI, NEXA, NOVA, CO1:COM, NG1:COM, CL1:COM, ARRY, MNTK, NRGV, FTCI, WAVE, IMPP, SUUN, ABAT, ZEO, SDST, CLMTBy: Carl Surran, SA Information Editor

SlavkoSereda/iStock by way of Getty Photos

Crude oil futures rose for a fifth straight session Friday to shut the week close to a three-month excessive, helped by optimism over the potential for additional stimulus in China, the world’s largest crude importer.

Crude kicked off the brand new yr



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Tags: ChinaeconomicgainsOilopensOptimismReboundstrongYear
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