Oil climbs on drop in US oil stockpiles, solid demand outlook

The drawdown came before the Colonial Pipeline was hit by a cyberattack last Friday which forced the pipeline, which transports more than 2.5 million barrels a day of fuel, to shut down. The operator said it hopes to restart a large portion of the network by the end of the week.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...