Oil prices trend higher

The price of oil has rebounded overnight as data on inventories in the US coupled with stronger sentiment and data saw $1 added to a barrel of Brent

Steve Randall
The price of oil has rebounded overnight as data on inventories in the US coupled with stronger sentiment and data saw $1 added to a barrel of Brent. The US crude stockpile showed a decline of 5.5 million barrels; forecasts were for 1 million extra. 
 

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