Oil surges off inventory dip despite rising infection numbers

For the third consecutive day, crude rates rise at the same time as the number of confirmed Covid-19 infections increase across Europe.

BY RITZAU FINANS

Oil prices rise Thursday morning amid news of declining US fuel stockpiles and are supported at the same time as the Organization of Oil Exporting Countries and its OPEC+ allies comply with their agreement to limit output.

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Analyst: Crude oil prices look uncertain
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Stable oil price development following resumed production
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