Commodities_Energy

Oil prices jumped yesterday, following a power outage that closed the largest oil field in the U.K., reports Reuters.

Also, new data shows there’s been “a fall in crude inventories, and strong demand from refineries in the United States […] The data suggests demand in the U.S., the world’s biggest oil consumer, [is] holding up well and still absorbing fuel at a time of ample global production.” Read more.

Also check out:

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Originally published on Advisor.ca

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