Oil gains on expected fall in US inventories

Weaker greenback also helps provide support for prices in early trade, offsetting the impact of rising Covid-19 cases in Asia

Looking up: oil prices gained ground in early trade on Tuesday on expectations of a fall in US crude inventories combined with a weaker US dollar
Looking up: oil prices gained ground in early trade on Tuesday on expectations of a fall in US crude inventories combined with a weaker US dollarPhoto: AP/SCANPIX
Published 20 April 2021, 05:55Updated 20 April 2021, 05:55