Oil Futures, Equities Advance Ahead of US Inflation Data
Oil futures and Brent crude advanced in early morning trade Friday.
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Oil futures and Brent crude advanced in early morning trade Friday.
Oil futures and Brent crude reversed lower early Thursday after the complex advanced during the early part of the week on easing fears over the Omicron COVID-9 variant.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange settled lower Thursday.
Oil futures and Brent crude extended gains into early trade Tuesday, with U.S. crude benchmark trading above $71 per barrel (bbl) following preliminary research data suggesting the Omicron variant of coronavirus induces mild cases of the disease.
-- Nearby delivery oil futures on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange rallied in early trade Monday.