December 24, 2024

Oil Prices Jump After U.S. Crude, Fuel Stocks Drop, Dollar Weakens

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Oil Prices Jump After U.S. Crude, Fuel Stocks Drop, Dollar Weakens

 

Oil prices rose for a second day, rebounding from recent losses as the U.S. dollar eased off recent gains and U.S. fuel inventory figures showed larger-than-expected drawdowns and a rebound in consumer demand.