Oil Holds Near Five-Month High on U.S. Production Cuts

Oil Holds Near Five-Month High on U.S. Production Cuts

By Alex Lawler LONDON: Oil edged up to $ 46 a barrel on Wednesday, near its highest level since March, thanks to U.S. producers shutting down most of their production off the Gulf of Mexico ahead of Hurricane Laura and a report showing a declining stocks of US crude. Renewed concerns over the Covid-19 pandemic, […]

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