Decrease in US stockpiles lifts oil
Brent rises as solid US and Chinese factory activity fuels optimism of a recovery from the pandemic, boosting investor risk appetite
02 September 2020 - 08:19
Tokyo — Crude oil futures extended gains on Wednesday after a bigger-than-expected draw in US crude stockpiles and as solid US and Chinese factory activity fuelled optimism of a recovery from the pandemic, boosting investor risk appetite.
Brent crude futures rose 37c to $45.95 a barrel as of 3.10am GMT, extending gains into a third day...
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