Wall Street’s bull market got fresh fuel at end of a month that’s lived up to its volatile reputation, with optimism about earnings outweighing worries about a rally that’s heavily concentrated on tech giants.
Indian Oil Corp. is seeking as much as 24 million barrels of crude from the Americas in the first quarter of next year as it prepares for a hit to Russian supply after the latest round of US sanctions.
Oil held a three-day drop as investors assessed the impact of Western sanctions against leading Russian crude producers, alongside a mixed industry estimate of US inventory changes.
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