Oil Rises After Bigger-Than-Expected Drop in Inventories

Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts expected, bolstering hopes that fuel demand in the world's biggest economy can weather the coronavirus pandemic.


By Reuters from NYT Business Day https://ift.tt/31DBgn6
Oil Rises After Bigger-Than-Expected Drop in Inventories Oil Rises After Bigger-Than-Expected Drop in Inventories Reviewed by Unknown on August 12, 2020 Rating: 5

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