Oil prices hit six-week high as rally continues
Brent and West Texas Intermediate crude prices climb for a fourth session, reaching their highest levels in six weeks.
Key Takeaways
AIOil prices rose sharply on Wednesday, nearing their highest levels in six weeks as gains continued for a fourth consecutive session.
Brent crude futures increased by $1.76, or 1.8%, to reach $97.39 per barrel.
US West Texas Intermediate crude futures also climbed $1.91, or 2.1%, bringing the price to $92.92 per barrel.
The latest gains come amid signs of sustained demand and a recovering global market.