Oil rises after surprise fall in US crude inventories

Updated 08 May 2019, arabnews,REUTERS-May 09, 201923:34
Brent crude futures rose 44 cents to $70.32 a barrel, while West Texas Intermediate (WTI) crude futures rose 57 cents to $61.97 a barrel, a 0.9 percent gain
Prices have gained about 30 percent so far this year as the global supply outlook has tightened due to US sanctions on crude exporters Iran and Venezuela


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