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Oil prices rise as investors seek riskier assets and on China demand outlook

Por: CNBC Business October 19, 2022

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Oil-storage tanks are seen from above in Carson, California.Robyn Beck AFP Getty ImagesOil prices climbed on Wednesday, paring losses from the previous session, as investors jumped into riskier assets such as commodities amid gains in broader equity markets and on signs of renewed demand from top oil importer China. futures for December settlement rose 22 cents, or 0.2%, to $90.25 a barrel by 0620 GMT. for November delivery was at $83.50 a... + full article



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