Oil rises over 1%, sets biggest weekly loss of 2019

Climbing US inventories at highest nationwide since July 2017 pressuring prices

Oil price: Brent crude rose 93 cents, or 1.4%, to settle at $68.69 a barrel, but the global benchmark notched a weekly decline of about 4.5% — Oil price: Brent crude rose 93 cents, or 1.4%, to settle at $68.69 a barrel, but the global benchmark notched a weekly decline of about 4.5%Photo: REUTERS/SCANPIX

Reuters

Published 24 May 2019, 22:48Updated 24 May 2019, 22:48

Production North America