[ad_1] Oil rose, after falling more than 2% on Tuesday, as an industry report pointed to a sizable drop in US crude stockpiles and tensions simmered in the Middle East. Brent crude climbed to around $81 a barrel, while West Texas Intermediate was below $79. The American Petroleum Institute reported inventories shrank by 5.2 million […]
Oil steady after risk-on gain as market watches for Iran attack – CNBC TV18
[ad_1] Oil was steady after recovering from a global market rout as investors watched for a retaliatory strike from Iran on Israel. Brent traded above $76 a barrel after closing slightly higher on Tuesday as equities led a rebound in risk assets. West Texas Intermediate was near $73. Traders continue to monitor the Middle East […]