Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19 vaccinations and a report that crude inventories in the United States, the world’s biggest fuel consumer, fell.
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Reuters: Oil prices rise on stronger economic outlook, US stockpile draw
A picture taken on March 9, 2020 shows the Euronext Amsterdam stock exchange as the fear of an economic recession due to the negative impact of the coronavirus (COVID-19) and a price war in the oil sector are causing great unrest in the financial markets.
