Oil prices climb as markets focus on supply tightness
On Wednesday, oil prices surged over $1 as markets focused on supply constraints heading into winter and a “soft landing” for the US economy. By 0340 GMT, Brent crude prices had risen 86 cents, or 0.9%, to $94.82 per barrel, while West Texas Intermediate crude futures had risen 86 cents, or 0.9%, to $91.25. According … Read more