Oil Prices Continue To Climb On Supply Disruptions

Oil prices are heading for another weekly gain as supply disruptions led to tighter supply. The risk of traders taking profits, however, could push prices lower.  Friday, September 24, 2021 Oil prices are heading for a third straight week of gains despite a slight downward correction on Friday, buoyed by ongoing supply disruptions in the United States and several OPEC+ countries (such as Nigeria and Angola) failing to increase production according to their production targets. The anticipated Chinese SPR sale turned out to be a marginal…