Oil Up, But Build in US Crude Supplies and COVID-19 Cases Cloud Outlook By Investing.com – Investing.com

  • Date: 20-May-2021
  • Source: Investing.com
  • Sector:Healthcare
  • Country:Gulf
  • Who else needs to know?

Oil Up, But Build in US Crude Supplies and COVID-19 Cases Cloud Outlook By Investing.com – Investing.com

By Gina Lee

Investing.com – Oil was up Thursday morning in Asia but remained a three-week low even if the U.S. increased its fuel supplies. However, investors remain concerned about the spike of COVID-19 cases in parts of Asia.

were up 0.30% to $66.86 by 13:09 AM ET (5:09 AM GMT) and gained 0.40% to $63.61.