Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’

Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back weekly gains.

Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’
Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back weekly gains.