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MarketWatch MarketPulseFeb 07, 2023
: U.S. oil prices settle at their highest in a week
U.S. oil futures finished at their highest in a week on bets for strength in energy demand from China and oil-supply concerns in the Middle East following a massive earthquake on Monday. U.S. benchmark West Texas Intermediate crude for March delivery CLH23 rose $3.03, or 4.1%, to settle at $77.14 a barrel on the New York Mercantile Exchange. Front-month contract prices settled at their highest since Jan. 31, FactSet data show.

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