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Oil rises over 2% on low US crude draw, delay in OPEC+ output hike, Brent rebounds from 6% drop to hit /bbl | Stock Market News

Oil rises over 2% on low US crude draw, delay in OPEC+ output hike, Brent rebounds from 6% drop to hit $73/bbl | Stock Market News

Source: Live Mint Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on reports that OPEC+ may delay a planned oil output increase. After falling more than 6% earlier in the week on the reduced risk of wider Middle East war, Brent…

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