Offshore

Oil climbs above USD 73 with report pointing to falling stockpiles

Recovery in gasoline demand in Asia remains patchy, with improvements offset by deteriorations elsewhere. All eyes are on OPEC+ discussions on production policy next week, notes senior commodities analyst,
A photo of oil rig Weatherford | Photo: Weatherford PR
A photo of oil rig Weatherford | Photo: Weatherford PR
BY SHARON CHO, BLOOMBERG

Oil rose above USD 73 a barrel after an industry report pointed to another decline in US crude stockpiles, adding to a bullish outlook.

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