Alex Longley and Andres Guerra Luz

Government, Business, Fuel

Oil Clings to Gains After US Supplies Shrink by Most This Year

Emissions rise from an oil refinery in Louisiana on June 12. Emissions rise from an oil refinery in Louisiana on June 12. (Luke Sharrett/Bloomberg News)

Oil was propped up by the biggest decline in U.S. crude stockpiles this year, signaling a bright spot in a market weakened by the COVID-19 pandemic.

July 29, 2020