Futures Movers: Oil prices inch higher as traders weigh demand prospects after China’s 5% growth target

by | Mar 6, 2023 | Stock Market

Oil futures inched higher on Monday, giving up early declines, as traders weighed the prospects for energy demand on the back of a 5% economic growth target set by China’s National People’s Congress.Price action
West Texas Intermediate crude for April delivery
CL00,
+1.18%

CL.1,
+1.18%

CLJ23,
+1.18%
climbed 64 cents, or 0.8%, to $80.32 a barrel on the New York Mercantile Exchange after trading as low as $78.32.

May Brent crude
BRN00,
+0.17%

BRNK23, …

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