SEEKING ALPHA reports:
– U.S. crude oil futures closed above $82/bbl at a new seven-year high, as a natural gas supply crunch in Europe and optimism about demand in the U.S. continued to propel the recent rally.
– November WTI crude (CL1:COM) closed +1.2% to $82.28/bbl, for the best front-month finish since October 2014, while December Brent (CO1:COM) climbed above $85/bbl in London for the first time since 2018 before settling at $84.86.
– WTI rose 3.7% for the …

The post SA: Crude oil wraps up eighth straight week of price gains appeared first on The Loadstar.

Source: The Loadstar