Oil prices climbed Friday after nine consecutive sessions of gains, amid receding concerns over global oversupply and macroeconomic risks to global growth

Market news

11 January 2019

Oil prices climbed Friday after nine consecutive sessions of gains, amid receding concerns over global oversupply and macroeconomic risks to global growth

Brent crude -- the global oil benchmark -- was trading up 0.9%, at $62.22 a barrel, on London's Intercontinental Exchange.
West Texas Intermediate futures, the U.S. oil standard, were up 1%, at $53.12 a barrel, on the New York Mercantile Exchange.

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