Hurricane Outages Provide Temporary Relief For Oil Markets
Oil prices rose on hurricane outages on Tuesday morning, although the release of the OPEC and IEA monthly market reports did little to shake the long-term bearish sentiment in oil markets
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Oil prices rallied again on Tuesday afternoon after the U.S. API reported a draw in crude oil inventories and a small draw in gasoline stocks
Oil prices slipped on Friday on growing demand fears, but still posted a weekly gain as U.S. crude inventories corncerns subsided