Oil prices rose Wednesday, continuing a recent rebound after data showed U.S. crude stockpiles fell more than anticipated last week. U.S. crude futures for August delivery added 1.4% to $39.82 a barrel. Prices are near their highest level since early March, buoyed by recovering fuel demand and supply cuts by the Organization of the Petroleum Exporting Countries and allies including Russia.

Source: Wall Street Journal July 01, 2020 15:36 UTC