Oil Prices Could Break a 7-Week Losing Streak as Demand Optimism Returns

Crude oil prices extended their gains early on Friday morning as a combination of demand optimism and rising geopolitical risk added to upward pressure. If the recent rally doesn’t reverse today, oil prices could be on course to break a seven-week losing streak. "Oil prices may see a bit of a…

#oanda #kelvinwong #opec #q4 #iea #maersktankers #redsea #yemeni #suezcanal #africa