Oil rises on China demand hopes; upcoming U.S. inflation data caps gains

Oil prices rise amid China demand hopes, U.S. inflation data

NEW YORK, Jan. 12 (Xinhua) -- Oil prices climbed on Thursday, bringing the U.S. crude benchmark to notch a six-day winning streak, bolstered by positive sentiment. Read full story

Oil rises on Chinese demand hopes; U.S. inflation in focus

Brent crude rose 91 cents to $83.58 a barrel by 1100 GMT, while U.S. West Texas Intermediate crude gained 74 cents to $78.15

Oil rises on China demand optimism, Russian supply concerns amid sanctions

Gold prices also have beaten higher before US inflation data that could affect Fed's policy.

Oil Rises on China Demand Hopes, US Inflation in Focus

LONDON—Oil rose about 1 percent on Thursday supported by optimism over China’s demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top oil importer China is reopening its economy after the end of strict COVID-19 curbs, boosting optimism that demand for fuel will grow in 2023. Brent crude rose 91 cents, or 1.1 percent, to $83.58 a barrel by 1100 GMT, while U.S. West Texas…

Oil rises on China demand hopes; upcoming U.S. inflation data caps gains

Oil prices edged up on Thursday, building on gains in the previous session as China's demand outlook improved, though gains were limited ahead of upcoming inflation data from the United States.Brent crude had risen 16 cents, or 0.2%, to $82.83 per barrel

Oil rises on China demand hopes; upcoming U.S. inflation data caps gains

Jan 12 (Reuters) –