Oil Spikes as Inventories Fall, Demand Fears Ease
August 29, 2019 at 10:37 AM EDT
On Wednesday, oil prices were up more than 1% after the latest data from the U.S. Energy Information Administration revealed a steep fall in U.S. crude stockpiles. Brent crude futures were1.7% higher to reach a price of $60.52 a barrel while WTI crude futures were 1.5% higher to $55.75 a barrel....
