Rise

WORLD

Oil Prices Rise on Signs of Tighter U.S. Supply

Oil prices saw a rise on Wednesday morning, driven by early data showing a bigger-than-expected drop in U.S. crude inventories. This suggests either a tightening supply or a boost in demand from the world’s largest oil consumer. According to Bloomberg, U.S. crude stockpiles decreased by 4.2 million barrels for the week ending August 1, reversing […]

Read More