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Oil prices gain after U.S. inventories fall

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang
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LONDON (Reuters) - Oil prices rose on Wednesday after a reported sharp drop in U.S. crude stocks and OPEC member Iraq said the producer group would discuss deepening output cuts amid ongoing demand concerns.Brent crude gained 52 cents, or 0.8%, to $62.90 a barrel by 1027 GMT, while U.S. West Texas Intermediate rose 60 cents, or 1.1%, to $58 a barrel.Oil prices have risen more than 7% this month,..
Date Published: Sep 11, 2019
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