Oil gains on drop in US inventories

Fears of a second wave of coronavirus cases as lockdowns ease keeps a lid on gains

Gains: oil rose in early trade on a decline in US inventories but concerns of a second wave of Covid-19 cases as lockdown restrictions eased capped gains — Gains: oil rose in early trade on a decline in US inventories but concerns of a second wave of Covid-19 cases as lockdown restrictions eased capped gainsPhoto: AP/SCANPIX

Reuters

Published 14 May 2020, 04:04Updated 14 May 2020, 04:04

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