Oil surges as China cuts COVID restrictions, raising hopes for demand boost

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil prices surged as much as 4% Friday after China eased some of its COVID rules, raising hopes the moves might ultimately boost economic activity and demand in the world's top crude importer.

U.S. WTI

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