Oil price recovers after US inventories drop

Prospect of further Opec output cuts buttresses values

Reserves drop: Crude storage tanks at the oil hub in Cushing, Oklahoma, US
Reserves drop: Crude storage tanks at the oil hub in Cushing, Oklahoma, USPhoto: REUTERS/SCANPIX
Published 23 October 2019, 17:22Updated 23 October 2019, 17:22