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Oil rises as tighter US market offsets Asia woes - Reuters
Reuters | Oil rises as tighter US market offsets Asia woes Reuters But the outlook for the U.S. economy looks brighter and oil supply there appears to be tightening with data estimating a drawdown of over 1 million barrels last week from the Cushing, Oklahoma delivery hub for U.S. crude. Brent crude oil LCOc1 was up ... US oil settles down 2.8%, at $44.43 a barrel Oil Prices Remain Low on Equity Market Rout, Commodity Slump Oil dips on growth concerns |
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