Oil gains on larger than anticipated fall in US inventories

Opec's production falling to its lowest level in two decades also provides support for prices

Rising prices: oil gained on falling US inventories and lower Opec production — Rising prices: oil gained on falling US inventories and lower Opec productionPhoto: REUTERS/SCANPIX/

Reuters

USA API Opec ING Economics Saudi Arabia

Published 1 July 2020, 06:53Updated 1 July 2020, 06:53