Oil Holds Gain Following U.S., Chinese Data Enhances Demand Outlook

Oil Holds Gain Following U.S., Chinese Data Improves Demand Outlook 1(Bloomberg) — Oil held its biggest gain in almost seven months following improved U.S. and Chinese economic data aided the demand outlook and Saudi Aramco said it would proceed with its own initial public offering. Futures edged lower after slumping 3.7% on Friday, the most since the September attacks on Saudi Arabia’s oil facilities.
News story published on 2019-11-04T02:06:00.0000000Z