Oil Boosted by Chinese Measures, Middle East Fears

Oil prices rose 1% in early European trading, boosted by China’s latest barrage of stimulus measures aimed at stabilizing the country’s property market, as well as supply disruption risks in the Middle East.

Oil prices rose 1% in early European trading, boosted by China’s latest barrage of stimulus measures aimed at stabilizing the country’s property market, as well as supply disruption risks in the Middle East.