Oil eases following surprise rise in US inventories

Losses capped by positive news on Covid-19 vaccines which helps offset fears over sharp rise in new coronavirus cases

Prices ease: a surprise rise in US inventories offset positive news around Covid-19 vaccines as oil prices dipped in early trade — Prices ease: a surprise rise in US inventories offset positive news around Covid-19 vaccines as oil prices dipped in early tradePhoto: AP/SCANPIX

Reuters

USA American Petroleum Institute Energy Information Administration Joe Biden Germany

Published 9 December 2020, 05:40Updated 9 December 2020, 05:40