U.S. oil's 7-session rally helps to deepen climb to highs not seen since late November

us.-oil's-7-session-rally-helps-to-deepen-climb-to-highs-not-seen-since-late-november

U.S. oil futures end higher Thursday, with crude turning positive intraday as fading omicron concerns and signs of strong uptake of energy-related assets helped to support year-end buying. West Texas Intermediate crude for February delivery CLG22, +0.18% CL00, +0.18% traded 43 cents, or 0.6%, higher to end at $76.99 a barrel on the New York Mercantile Exchange, after the U.S. benchmark rose 0.8% on Wednesday. The current streak of gains is the longest since an eight-session rally ended Feb. 10, FactSet data show.

Source: Marketwatch

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