Crude price rally extends as concerns US will tap SPR ease following EIA report

摘要

Crude futures pushed higher Nov. 9 after concerns the US could tap its Strategic Petroleum Reserve eased after the US Energy Information Administration forecast supply exceeding demand early next year. NYMEX December WTI settled up $2.22 at $84.15/b, and ICE January Brent climbed $1.35 to $84.78/b.