Oil prices rise after report shows drop in U.S. stocks

Oil prices rise after report shows drop in U.S. stocks
23 February 2017, London — Oil prices rose on Thursday after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. Benchmark Brent crude oil LCOc1 was up 70 cents a barrel at $56.54 by 0855 GMT (3:55 a.m. ET), recovering from […] More »
Oil prices rise after report shows drop in U.S. stocks Oil prices rise after report shows drop in U.S. stocks Reviewed by Crude Oil Facilitators on 11:12 Rating: 5

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