"Monday's Oil Market Analysis: Latest Prices and News"
TL;DR
Oil prices rose on Monday as market participants anticipate that global demand will outpace supply. West Texas Intermediate (WTI) traded above $91 a barrel, following a nearly 30% increase in the previous quarter. Speculators have increased their bullish wagers on WTI, expecting a tightening in the global crude market.
Topics:businessenergy#energy#global-demand#oil-prices#speculators#supply-deficit#west-texas-intermediate
Want the full story? Read the original reporting
Read on Bloomberg