Oil Prices Rise on U.S. Growth, Red Sea Strife

On January 25, 2024, oil prices surged as crude oil reached $77.36 per barrel, reflecting a $2.27 increase. This jump is closely linked to the strong economy in the U.S. and rising tensions in the Red Sea area. The latest U.S. economic reports show growth exceeding expectations in the previous quarter. This robust economic performance […]

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