Production

Oil rebounds on hopes of strategic stocks build-up

Prices rally on renewed buying interest as US rise in inventories underpins expectation for massive purchasing by states

Building stocks: countries aim to bolster their strategic oil reserves
Building stocks: countries aim to bolster their strategic oil reservesPhoto: REUTERS/SCANPIX
  • Reuters
Published 15 April 2020, 07:32Updated 15 April 2020, 07:32
USAAmerican Petroleum InstituteInternational Monetary FundInternational Energy AgencyUS Energy Information Administration