Olivia Raimonde and Grant Smith

Business, Fuel

Oil Spread Tightens After Report Shows US Tanks Filling Slower

Oil tankers are seen anchored in the Pacific Ocean above Long Beach, Calif., on May 1. Oil tankers are seen anchored in the Pacific Ocean above Long Beach, Calif., on May 1. (Patrick T. Fallon/Bloomberg News)

Oil reversed losses as the pace of stockpile builds at the key U.S. storage hub slowed last week.

May 4, 2020