Oil price stable as smaller than expected decline in US inventories offsets supply bottlenecks in Libya
Crude oil storage tanks are seen at the Azzawiya oil refinery in Zawiyah, west of Tripoli, Libya, July 23, 2020. Ismail Zitouny | Reuters Oil prices remained broadly stable on Thursday as a smaller-than-expected draw in U.S. crude inventories and…
WTI price rises, stock market makes comeback
US crude oil futures made a comeback on Wednesday after the stock market ended a three-day losing streak. Stock futures rose on Wednesday morning after the S&P500 closed 1% higher and the Dow Jones Industrial Average gained nearly 300 points…
