Continuing higher
Oil prices are a little higher again on Wednesday trading around the peak we saw earlier this month. The optimism that's driving equity markets higher is filtering through to commodity markets as well, with the prospect of stronger growth in the world's two largest economies boosting demand expectations.
A move back towards $90 in Brent would take us to levels not seen since early November and suggest traders are feeling much better about the global economic outlook.
18-01-2023 05:57 GMT
by Craig Erlam
