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U.S crude inventories

Oil Prices Climb As U.S. Stock Drawdown Eases Supply Glut Fears

Babatunde Abdulfatah May 21, 2020 0

Oil prices advanced on Thursday as a drawdown of the U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic…

Oil and Gas

Oil Rises On Signs Of Firmer Demand, Fall In U.S. Crude Stocks

Babatunde Abdulfatah May 20, 2020 0

Oil prices rose on Wednesday amid signs of improving demand and a drawdown in the U.S. crude inventories but worries over the economic fallout from the coronavirus pandemic capped gains. SEE ALSO: Amazon CEO Jeff Bezos Set To Become…