September West Texas Intermediate (WTI) crude oil futures experienced another volatile week, culminating in a 3% increase to reach a one-week high on Thursday. Several factors contributed to this rise, including a weaker U.S. dollar and a significant surge in refinery runs in China, the world's top crude oil importer.
This positive performance helped the market recover from earlier losses, which puts it in a position to end the week on an upward trajectory. Supply and Demand Factors The bullish sentiment in the oil market was supported by multiple…Bullish Refinery Data From China Lifts Oil Prices
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