RE: Rumours are sometimes a killer21 Dec 2022 16:20
LONDON, Dec 21 (Reuters) - Oil prices rose by more than 2% on Wednesday after data suggested a larger than expected draw in U.S. crude stockpiles, but gains were capped by growing concerns over demand in China and a snow storm that is expected to hit U.S. travel.
Brent crude futures were up by $1.62, or 2.03%, at $81.61 a barrel by 1440 GMT. U.S. West Texas Intermediate (WTI) crude futures gained $1.54, or 2.02%, to $77.77.