Oil steadies after unexpected build in US crude stockpiles

China's surging Covid-19 cases cast doubts on demand outlook

More inventory: US crude stocks rise 2.6 million barrels last week — More inventory: US crude stocks rise 2.6 million barrels last weekPhoto: REUTERS/SCANPIX

Reuters

Oil Price USA Joe Biden Opec Covid

Published 21 January 2021, 23:32Updated 21 January 2021, 23:32