🛢 Oil continues to rise after closing the previous session at its highest levels in more than two months, supported by increasing expectations that countries around the world will cut interest rates to stimulate economic growth.

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🛢 Oil prices are steady, but heading for a weekly rise, amid optimism that economic stimulus efforts will lead to a recovery in China, but a stronger dollar limited gains.

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🛢 Oil rises in thin holiday trading, supported by hopes of additional fiscal stimulus in China, the world's largest oil importer.

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🛢 Oil rises as US oil inventories decline and expectations grow that the US Federal Reserve will continue its interest rate cut path.

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