Oil prices settle up 4% on war fears despite big US crude inventory build

April 14, 2022 7:04 AM

NEW YORK (REUTERS) – Oil prices jumped on Wednesday (April 13), as a large increase in US crude inventories failed to soothe worries about tight global supply, with major oil traders expected to shun Russian barrels.

Source : https://www.straitstimes.com/business/companies-markets/oil-prices-settle-up-4-on-war-fears-despite-big-us-crude-inventory-build