Oil rises as US stocks decline
Oil prices lift 1% as data showed US crude stocks fell more than expected
20 June 2019 - 09:14
Tokyo — Oil prices rose over 1% on Thursday as official data showed US crude stocks fell more than expected and as the Organisation of the Petroleum Exporting Countries (Opec) and other producers finally agreed a date for a meeting to discuss output cuts.
Brent crude futures had risen 82c, or 1.3%, to $62.64 by 12.26am GMT. They dropped 0.5% on Wednesday...
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