OIL prices extend gains on US plans to refill reserve, Canada's wildfires

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OIL prices rose for a second day early on Tuesday, as U.S. plans to purchase OIL for the Strategic Petroleum Reserve (SPR) lent support while raging wildfires in Canada fuelled supply worries.Brent crude futures rose 31 cents, or 0.4%, to $75.54 a barrel

OIL prices rose for a second day early on Tuesday, as U.S. plans to purchase OIL for the Strategic Petroleum Reserve ( More... https://www.emirates247.com/business/energy/oil-prices-extend-gains-on-us-plans-to-refill-reserve-canada-s-wildfires-2023-05-16-1.711456