Oil price poised for monthly gain but Citi analysts say don’t chase the rally
2024-06-27
SlavkoSereda/iStock via Getty Images Crude oil futures climbed more than 1% Thursday as rising worries over geopolitical risk and expectations of tightness in Q3 outweighed a surprise increase in U.S. crude and gasoline inventories. Cross-border tensions between Israel and Hezbollah in Lebanon have been escalating, fanning fears of a wideningContinue Reading