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U.S. oil ends higher to mark longest string of gains in 3 months

28336 us oil ends higher to mark longest string of gains in 3 months

U.S. crude oil futures notched a fifth straight gain Tuesday, supported by hopes that the omicron variant of coronavirus would have only limited impact on economic growth. West Texas Intermediate oil for February delivery CLG22, +0.62% picked up 41 cents, or 0.5%, to end at $75.98/bbl. The contract had touched an intraday high at $76.92 before retreating. The fifth consecutive advance for WTI matches a similar rally ended Sept. 27.

Source: Marketwatch

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