Oil rises 2 percent as U.S. crude stocks plunge, OPEC brushes off Trump

February 27, 2019 admin Business News Comments Off on Oil rises 2 percent as U.S. crude stocks plunge, OPEC brushes off Trump

Oil futures gained about 2 percent on Wednesday after U.S. crude inventories unexpectedly plummeted and as Saudi Arabia brushed aside comments from U.S. President Donald Trump seeking to keep oil prices from climbing.

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Source:: Reuters – Business News