Oil Prices Rise as Cold Weather Boosts Diesel Demand

Oil prices climbed on December 30, 2024, as investors bet on increased diesel demand. Colder temperatures in the US and Europe drove the surge. Brent crude futures gained 22 cents to reach $74.39 per barrel. US West Texas Intermediate crude rose 39 cents to $70.99 per barrel. Diesel prices led the energy complex higher. Forecasts […]