Oil prices hit 5-month high as US crude inventories and dollar tumble – Reuters

Oil prices hit 5-month high as US crude inventories and dollar tumble – Reuters

NEW YORK (Reuters) – Oil prices hit their highest since early March on Wednesday after US crude inventories fell sharply and the dollar weakened, but rising coronavirus infections have worried investors about to the demand outlook.

Crude oil storage tanks are seen in an aerial photograph at the Cushing Oil Hub in Cushing, Oklahoma, United States, April 21, 2020. REUTERS / Drone Base

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