# U.S. oil prices up an 8th session to score highest finish since mid-December - MarketWatch

> U.S. crude futures rose for an eighth straight session on Wednesday, finishing at their highest level in nearly four weeks. Support came from optimism over U.S.-China trade talks, a December output drop by major producers, and a weekly decline in U.S. crude inventories, even as product stocks rose.

- Date: 2019-01-09 · published 2019-01-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12760-u-s-oil-prices-up-an-8th-session-to-score-highest-finish-since-mid-december
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Crude gains feed through to diesel and freight costs for feed buyers, and a U.S.-China trade deal would also support demand for commodities more broadly.

## Read by commodity

- WTI: bullish ▲

## Sources

- marketwatch.com: https://www.marketwatch.com/story/oil-pushes-back-above-50-a-barrel-for-first-time-since-mid-december-2019-01-09

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.