Oil posts biggest weekly gain in 2 months on Red Sea attacks; Brent at $79/bbl
2023-12-23
Crude oil posted the biggest weekly gain since October as attacks in the Red Sea forced hundreds of ships to take safer but longer routes, delaying the delivery of oil cargoes. Oil prices also eased expectations Angola could increase oil output after leaving the Organisation of Petroleum Exporting Countries (OPEC)Read More →