Oil opens new yr with sturdy features on optimism over financial rebound in China

[ad_1] Jan. 03, 2025 7:00 PM ET The Power Choose Sector SPDR® Fund ETF (XLE), USO UCO, NBR, GASS , NRT, DBO, UNG, FCG, USL, PPIH, SCO, UNL, SRL, BNO, LTBR, AMRC, GEVO, MMLP, KOS, BOIL, KOLD, KNOP, GPRK, NEXT, GUSH, DRIP, POLA, USOI, NEXA, NOVA, CO1:COM, NG1:COM, CL1:COM, ARRY, MNTK, NRGV, FTCI, WAVE, IMPP, SUUN, ABAT, ZEO, SDST, CLMT By: Carl Surran, SA Information Editor <img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w750" alt="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." data-id="1213764535" data-type="getty-image" width="5760px" height="3840px" srcset="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w240 240w" sizes="(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px"/> SlavkoSereda/iStock by way of Getty Pictures

Crude oil futures rose for a fifth straight session Friday to shut the week close to a three-month excessive, helped by optimism over the potential for additional stimulus in China, the world's largest crude importer.

Crude kicked off the brand new yr

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Oil opens new yr with sturdy features on optimism over financial rebound in China

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