WTI surges 6% amid renewed stimulus hopes, Trump health news

摘要

Oil futures settled sharply higher Oct. 5 amid signs of progress between Congressional Democrats and the White House on a coronavirus relief bill. NYMEX November WTI settled $2.17 higher at $39.22/b, while ICE December Brent was up $2.02 to settle at $41.29/b. Negotiations continued Oct. 5 between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on a second coronavirus relief bill, raising hopes the two sides could reach an agreement ahead of the November elections.