Oil Up Over Huge Draw in US Crude Supplies Draw but Fuel Demand Worries Continue By Investing.com – Investing.com

  • Date: 06-May-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Gulf
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Oil Up Over Huge Draw in US Crude Supplies Draw but Fuel Demand Worries Continue By Investing.com – Investing.com

By Gina Lee

Investing.com – Oil was up Thursday morning in Asia as U.S. crude supplies fell to multimonth lows. However, volatility remained as the recovery from COVID-19 remains uneven and impacts fuel demand.

were up 0.26% to $69.14 by 11:38 PM ET (3:38 AM GMT) and edged up 0.14% to $65.72.