Crude settles higher, snapping longest-ever WTI downturn

摘要

New York—Crude futures settled higher Wednesday, ending 12 consecutive days of declines as reports of OPEC production cuts eased market concerns of oversupply. ICE January Brent settled 65 cents higher at $66.12/b, and NYMEX WTI was up 56 cents at $56.25/b. The higher WTI settle ended the longest-ever streak of day-on-day declines in contract history.