As the US economy slows, demand for oil has fallen and there are predictions that this trend will continue.
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Oil Prices Rose On US Inventories Report
Oil prices have climbed after weekly US government figures showed a drop in crude oil and petrol inventories
Oil prices have climbed after weekly US government figures showed a drop in crude oil and petrol inventories.
US light sweet crude settled $2.99 higher at $116 a barrel, while London Brent rose $2.32 at $113.47.
As the US economy slows, demand for oil has fallen and there are predictions that this trend will continue.
As the US economy slows, demand for oil has fallen and there are predictions that this trend will continue.
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