Oil futures up on large draw in US crude inventories and bullish demand outlook

Oil futures up on large draw in US crude inventories and bullish demand outlook
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16.06.2021

MOSCOW (MRC) -- Crude oil futures jumped during morning trade in Asia June 16, as data from the American Petroleum Institute showed a large draw in US crude inventories, and as the market continued to buy into the global demand recovery narrative, reported S&P Global.At 10:23 am Singapore time (0223 GMT), the ICE August Brent futures contract was up 62 cents/b (0.84%) from the previous se

Full article at mrcplast.com

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