Big drop in oil stocks in US lifts oil price
Oil has risen more than 7% in September on a drop in global inventories and signs of an easing in trade tension between the US and China
11 September 2019 - 11:46
London — Oil prices rose on Wednesday after a reported sharp drop in US crude stocks as Opec member Iraq said the producer group will discuss whether to deepen output cuts.
Brent crude futures gained 74 US cents, or 1.25%, to $63.12 a barrel by 8.57am GMT, while West Texas Intermediate futures were up 81c, or 1.4%, at $58.21 a barrel...
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