Oil pares losses after larger draw in US stocks
The market was still under pressure, though, from a bearish outlook by the International Energy Agency, which lowered its forecast for oil demand for 2018.
Oct 12, 2017, 21:42 PM ISTOil hits one-month high near $55 on tighter supplies
Oil hit a one-month high near $55 a barrel on Wednesday as a drop in US crude inventories raised hopes that OPEC-led supply restraint is clearing a glut, while an outage at a UK North Sea oilfield lent support.
Apr 05, 2017, 16:43 PM IST