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Sputnik

Oil Nears 1-Week High, Rising 5th Day on Fewer Supply Worries

NAMPA / Sputnik
2025-10-09
WASHINGTON, October 9 (RIA Novosti) - Oil continued its comeback rally on Wednesday, with crude prices rising a fifth straight day and hitting one-week highs on the notion that last month’s selloff on supply concerns was overdone. New York-traded West Texas Intermediate crude for November delivery settled up 82 cents, or 1.3%, at $62​​​.55 per barrel after rising to $62.92 earlier, its highest since September 30. UK Brent crude for December deliv......
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