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Oil jumps amid demand concerns

Shale output in US has helped country surpass Saudi Arabia, Russia oil production

Oil price: Brent crude futures rose $2.38 to $56.18 a barrel, a 4.4% gain
Oil price: Brent crude futures rose $2.38 to $56.18 a barrel, a 4.4% gain
  • Reuters
West Texas IntermediateUS West Texas IntermediateUSAStamfordGene McGillian
Published 2 January 2019, 17:37Updated 2 January 2019, 17:37