Oil prices rose 2 percent on Wednesday, with Brent crude futures hitting a two-week high, after data showed a larger-than-expected draw in U.S. crude inventories due to strong refiner demand and as U.S. sanctions on Iran signalled tightening supplies.
22 August 2018, News Wires — Brent crude futures rose $1. More »
Oil prices rose 2 percent on Wednesday, with Brent crude futures hitting a two-week high, after data showed a larger-than-expected draw in U.S. crude inventories due to strong refiner demand and as U.S. sanctions on Iran signalled tightening supplies.
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