Oil starts the new year with strong gains amid optimism about China’s economic recovery

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Data analysis in the commodity energy market: charts and quotes displayed. Analysis of US West Texas Intermediate crude oil prices. An amazing drop in prices over the last 20 years.

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Crude oil futures rose for a fifth straight session on Friday to close the week near a three-month high, boosted by optimism about the possibility of further stimulus in China, the world’s largest importer of crude oil.

Crude oil has started the new year



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