Oil prices rise, buoyed by upbeat China data ahead of postponed OPEC+ meeting

Oil futures rose on Monday, with upbeat manufacturing data from China lifting prospects for energy demand after a cease-fire between Israel and Iran-backed Hezbollah led to a drop in prices for the month of November.

Dec 2, 2024 - 07:30
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Oil prices rise, buoyed by upbeat China data ahead of postponed OPEC+ meeting
Oil futures rose on Monday, with upbeat manufacturing data from China lifting prospects for energy demand after a cease-fire between Israel and Iran-backed Hezbollah led to a drop in prices for the month of November.

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