Oil settles near $75; sharp US inventory drop counters virus worry

Oil supply set to remain tight despite Opec+ hike

Oil low: EIA reports drop of 4.1 million barrel in US crude inventories — Oil low: EIA reports drop of 4.1 million barrel in US crude inventoriesPhoto: STRINGER/CHINA

Reuters

US Energy Information Administration Opec+Oil Price USA Americas

Published 28 July 2021, 21:45Updated 28 July 2021, 21:45