Rise in oil prices weakens despite unexpected drop in US inventoriesNews
Rise in oil prices weakens despite unexpected drop in US inventoriesNews
LONDON (Reuters) – Oil extended its rally for a ninth day on Wednesday, supported by cuts in supply from producers and hopes vaccine deployments will lead to a recovery in demand. The American Petroleum Institute said on Tuesday that crude inventories had fallen 3.5 million barrels, compared to expectations of a 985,000 barrels build. The […]
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