Oil rises as drop in US inventories eases recession worries

Oil rises as drop in US inventories eases recession worries
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28.08.2019

MOSCOW (MRC) --В Oil prices rose on Wednesday, with U.S. crude gaining 1% after an inventory report showed US stockpiles fell more than expected, helping ease worries about economic growth due to the Sino-US trade war, reported Reuters.Brent crude was up by 37 cents, or 0.6%, at USD59.88 a barrel by 0220 GMT. West Texas intermediate crude was up 55 cents, or 1.0%, at USD55.48 a barrel.US

Full article at mrcplast.com

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