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Oil climbs on optimism over China's demand recovery

Por: CNBC Business December 19, 2022

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Oil pumpjacks operate near residences in Los Angeles, California.Mario Tama Getty Images News Getty ImagesOil prices reclaimed ground on Monday after tumbling more than $2 a barrel in the previous session as optimism from China's reopening and oil demand recovery outweighed concerns of a global recession. futures rose 72 cents, or 0.9%, to $79.76 a barrel by 0103 GMT while was at $74.89 a barrel, up 60 cents, or 0.8%.China, the world's... + full article



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