U.S. Oil Prices Rise Again, in Longest Streak of Gains in Nearly 8 Years

4 Jul 2017   Prices

Oil prices surged to a one-month high Monday as new data caused investors to question whether U.S. oil production is as resilient as many anticipated. Oil prices have now climbed for eight consecutive sessions—the longest rally for West Texas Intermediate, the U.S. benchmark, since a 10-session streak that ended Jan. 6, 2010. Brent hasn’t…

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