Oil Prices Jump 2% on US Crude, Products Inventories Drop
By Adedapo Adesanya Oil prices climbed by over 2 per cent on Wednesday, buoyed by a drop in US weekly crude inventories, which added to a sense in the market of tightening supplies amid export issues in Russia and Iraq. Brent futures rose by $1.68 or 2.5 per cent to settle at
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