Oil inches higher but gains limited on surprise US inventory build

Increasing number of Covid-19 infections in the US also weighs on prices

Little movement: oil creeped higher in early trade but gains were limited by a build in US oil inventories — Little movement: oil creeped higher in early trade but gains were limited by a build in US oil inventoriesPhoto: REUTERS/SCANPIX

Reuters

USA Energy Information Administration California New York Donald Trump

Published 23 July 2020, 05:36Updated 23 July 2020, 05:36