Oil edges higher as Opec forecasts supply deficit

Prices regain some ground after dipping in the previous session on rising US crude inventories

Relief: Opec's forecast of a supply deficit helped reverse some of the losses from the previous session
Relief: Opec's forecast of a supply deficit helped reverse some of the losses from the previous sessionPhoto: REUTERS/SCANPIX
Published 12 December 2019, 06:06Updated 12 December 2019, 06:06