BC-Crude Oil Futures

Oil prices climb steadily on October 31st, with the December contract reaching $61.38 a barrel, a 51-cent increase from the previous day. Volumes are solid, and open interest shows a slight decrease, suggesting traders are closing positions or waiting for clearer signals. The uptick is attributed to steady demand and speculation about supply issues and global economic conditions, particularly as winter approaches.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.