![Traders at the New York Stock Exchange. Hopes of softer interest rate increases by the Fed have supported oil prices. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/HVLPYVD4FXJSXG444BFC7NGPEQ.jpg?smart=true&auth=2a60c725b9c35cd7adcdc71c179c85a07dd3b27a88b97cb98972a493d821abef&width=400&height=225)
Traders at the New York Stock Exchange. Hopes of softer interest rate increases by the Fed have supported oil prices. Reuters
Traders at the New York Stock Exchange. Hopes of softer interest rate increases by the Fed have supported oil prices. Reuters
Oil prices rebound on hopes of growing China demand and cooling US inflation
Both Brent and WTI rose by about 7 per cent last week, marking their biggest weekly gain since last October