‘Trump’s Election Victory Raises Oil Prices’

‘Trump’s Election Victory Raises Oil Prices’ …C0NTINUE READING HERE >>>

Oil prices turned upward yesterday after initially dropping over $2 per barrel, despite a report of unexpected growth in U.S. crude stockpiles, as released by the Energy Information Administration (EIA).

Brent crude futures rose 38 cents, or 0.5%, reaching $75.91 per barrel, while U.S. West Texas Intermediate (WTI) crude increased by 57 cents, or 0.79%, to settle at $72.56.

According to the EIA, U.S. crude, gasoline, and distillate inventories saw a rise last week, with crude stocks up…

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