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](https://cdn-res.keymedia.com/cdn-cgi/image/f=auto/https://cdn-res.keymedia.com/cms/images/ca/100/0311_637073080252507882.png)
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.