Business
Oil opens new year with strong gains on optimism over economic rebound in China
The Energy Select Sector SPDR® Fund ETF (XLE), USO
SlavkoSereda/iStock via Getty Images
Crude oil futures rose for a fifth straight session Friday to close the week near a three-month high, helped by optimism over the potential for further stimulus in China, the world's largest crude importer.
Crude kicked off the new year
Source link
