Oil prices set for biggest weekly gain since January: what’s driving the rally?
Friday, 21 February 2025 ()
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported sentiments. A weaker US dollar also boosted demand for the commodity. A weaker dollar makes commodities priced in the greenback cheaper for overseas buyers. Oil’s gains this week come despite losses on Friday. Benchmark contracts […]
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