Oil up nearly 2% to multi-year highs on demand expectations

US crude inventories seen falling for fourth week in a row

Major traders. see oil staying above $70/bbl, $100 not impossible — Major traders. see oil staying above $70/bbl, $100 not impossiblePhoto: AP/SCANPIX

Reuters

Oil Price United States American Petroleum Institute USA Iran

Published 15 June 2021, 22:07Updated 15 June 2021, 22:07