Oil futures climbed Thursday, shaking off data that pointed to weak Chinese consumer demand to finish higher after a two-day drop that left crude at its lowest since mid-July.
Price action
Market drivers
Oil-market fundamentals do not point to an impending supply crisis, though risks of supply disruption are still higher than they were prior to the Hamas attack on Israel, said Jim Burkhard, vice president and head of research for Oil Markets, Energy and Mobility, at S&P Global Commodity Insights.
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