Oil rises over 2% on low US crude draw, delay in OPEC+ output hike; Brent rebounds from 6% drop to hit $73/bbl
International crude oil prices rebounded on Wednesday, October 30, rising more than two per cent after data showed US crude and gasoline inventories fell unexpectedly last week and on reports that the Organisation of Petroleum Exporting Countries (OPEC) will likely delay its planned oil output increase. After falling more than six per cent earlier in … Read more