Oil rises after drawdown in US stocks
Brent benefits from signs of improving demand but concern about the economic fallout from the coronavirus pandemic caps gains
20 May 2020 - 08:08
Seoul — Oil prices rose on Wednesday amid signs of improving demand and a drawdown in US crude inventories but the worry over the economic fallout from the coronavirus pandemic capped gains.
Brent crude futures for July delivery were up 23c, or 0.7%, at $34.88 a barrel at 3.47am GMT...
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