Oil gains as US inventories fall

Shutting in of US Gulf production due to Hurricane Sally also provides support for prices

On the rise: oil prices rose for a second day as Hurricane Sally shut in some US Gulf production while industry data showed a fall in US inventories — On the rise: oil prices rose for a second day as Hurricane Sally shut in some US Gulf production while industry data showed a fall in US inventoriesPhoto: AFP/SCANPIX

Reuters

production API ING Research USA Opec

Published 16 September 2020, 05:59Updated 16 September 2020, 05:59