Oil Prices Surge in NY Markets

Oil prices surge in New York markets, with front-month February contract hitting $58.17, up $1.43 from Fridays close. March, April, and May contracts also show significant gains. Despite lighter volume, traders show steady buying interest. Farther out, December 28th reaches $60.01, up $0.67. Open interest drops, indicating position unwinding. Energy markets remain on watch as gains hold through the session. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.