Oil rises as US inventories fall

US stockpiles drop 5.3 million barrels according to API report

Rising prices: a larger than expected fall in US inventories provided support for prices — Rising prices: a larger than expected fall in US inventories provided support for pricesPhoto: REUTERS/SCANPIX/

Reuters

USA Opec Iran North America China

Published 30 May 2019, 04:29Updated 30 May 2019, 04:29

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In a world awash with information, Upstream helps readers filter out the noise and zero in on what matters in the international energy industry. For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. In recent years, we also have chronicled the industry’s efforts to transition to cleaner energy sources.

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