Oil rises a second day on supply expectations, record China data

20 January 2017, Singapore — Oil climbed for a second day on Friday underpinned by expectations of tighter supply and on reports of record Chinese demand, but prices remained under pressure from rising U.S. crude and gasoline inventories. Brent crude, the international benchmark, rose 15 cents to $54.31 a barrel 0257 GMT. U.S. West Texas […] More »