Oil Extends Gains on China reopening Hopes, Tightening Supply0

• Market, Stock Market
• November 14, 2022

Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while looming curbs on Russian oil shipments also appeared set to tighten supply Crude prices closed last week lower, but rallied sharply on Friday after China said it will loosen some