Brent veers up on shift in supply patterns

15.12.2022

Oil settled up more than $2 on Wednesday after OPEC and the International Energy Agency (IEA) forecast a rebound in demand over the course of next year and as U.S. interest rate hikes are expected to ease further alongside slowing inflation.

Brent crude futures settled up $2.02, or 2.4%, to $82.70...