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Oil bounces by $1 per barrel after 6-percent plunge, but outlook still weak

Oil bounces by $1 per barrel after 6-percent plunge, but outlook still weak

Oil prices saw an advance of around $1 per bar­rel on Wednes­day after plung­ing by more than 6 per­cent the pre­vi­ous day, lift­ed by a report of a sur­prise fall in U.S. com­mer­cial crude inven­to­ries as well as record Indi­an crude imports.
Source: CNBC RSS

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