Crude extended gains after an industry report showed another draw in U.S. crude inventories, while Iran said a deal to end sanctions on its oil sector remained elusive.
Oil extended gains above $70 a barrel after an industry report pointed to another draw in U.S. crude stockpiles, reinforcing optimism around the demand recovery.
The Straits Times
The retreat of Exxon and the Oil Majors won t stop fossil fuels
Even Exxon, which hasn t set a net-zero target, has severely curtailed its ambitious growth plans to save money and reduce debt.PHOTO: REUTERS
Updated1 hour ago
https://str.sg/3Znn
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