Oil Prices Surge on Fresh Middle East Strikes and API Crude Draw
Oil prices spiked in early Asian trade on Wednesday, erasing a significant portion of Tuesday's selloff on the back of renewed hostilities in the Middle East and a bullish U.S. inventory report from the API. At the time of writing, Brent crude had climbed to $87.95 per barrel, up 4.59%, while West T
<p>Oil prices spiked in early Asian trade on Wednesday, erasing a significant portion of Tuesday's selloff on the back of renewed hostilities in the Middle East and a bullish U.S. inventory report from the API. At the time of writing, Brent crude had climbed to $87.95 per barrel, up 4.59%, while West T</p>