Oil rises, lifted by decline in US stockpile

by | October 18, 2017 12:46 pm

Oil is rising again Wednesday, lifted by a surprise fall in US crude oil inventories as well as concerns that tensions in the Middle East could escalate and cause supply disruptions.   Brent, the internationally traded crude is up at $28.22 a barrel while the US light crude is trading at $52.07.   It has…

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