Oil futures rally Thursday, with investors shaking off worries about the omicron variant of the coronavirus after upbeat data on U.S. inventories and implied...
Oil futures rose Thursday, with investors shaking off worries about the omicron variant of the coronavirus after upbeat data on U.S. inventories and implied demand.
Oil futures were lifted Wednesday after the Federal Reserve, as expected, moved to more aggressively reduce its monthly bond purchases and penciled in three interest rate increases in 2022. Equity markets also rallied after the decision.
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