Latest Breaking News On - 4 oil prices rally on inventory drawdown - Page 1 : comparemela.com

Oil prices increased on Wednesday over worries about tight supply and a drawdown in US inventories, in spite of concerns about the possible hit to economic activity from the spread of the Omicron coronavirus variant.

United statesSouth africaSouth koreaAndrew lipowPhil flynnBob yawgerEnergy information administrationLipow oil associatesPrice futures groupTexas intermediateEnergy information4 oil prices rally on inventory drawdownThough omicron caution lingers 34Oil priceOmicron coronavirus variant