Oil rises towards $65 as supply concerns outweigh trade disputes (nasdaq.com)

Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand.

U.S. crude stockpiles are forecast to fall 3.6 million barrels in a fourth consecutive weekly decline. The first of this week’s two supply reports is due at 2030 GMT from the American Petroleum Institute, an industry group.
more detail at: https://www.nasdaq.com/article/oil-rises-towards-65-as-supply-concerns-outweigh-trade-disputes-20190709-00229

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