From Investing.com: 2024-09-24 06:17:00

Crude oil prices are rebounding due to geopolitical tensions and Chinese stimulus, with Brent and WTI futures showing upward momentum. Geopolitical risks & Gulf Coast weather could further impact prices. China’s stimulus & oil export quota increase support prices. U.S. Gulf Coast weather could pose downside risk. Brent futures aim to reach $75.85, while WTI futures seek to break $72 towards $76-80. Continued upward movement expected. Global monetary expansion and demand will drive oil price trajectories. Risks remain high, investor discretion advised.



Read more at Investing.com: Crude Oil: 3 Bullish Catalysts That Could Continue to Support the Ongoing Rebound