Oil Up Over Draw in U.S. Inventories, But Capped by Worsening Pandemic
Oil was up on Wednesday morning in Asia after the American Petroleum Institute (API) recorded an inventory draw on Tuesday, but gains were capped over a worsening COVID-19 situation globally. Brent oil futures was up 0.11% to $44.48 by 11:14 PM ET (4:14 AM GMT), reversing some...

