Oil snaps four-day losing streak

Oil closed up on Wednesday for the first time in five days as traders took stock of the market's rout after crude prices lost nearly 10% over two days and benchmark Brent fell to below $50 a barrel.

Oil price: Trading rebounds amid lower inventories
Oil price: Trading rebounds amid lower inventories
Published 7 January 2015, 23:13Updated 17 October 2016, 13:17