Oil prices jump more than 2% on sharp drop in U.S. crude inventories

New York — Oil prices gained more than 2% on Wednesday after data showing a fall in U.S. crude stockpiles helped ease worries about weakening oil demand caused by the China-U.S. trade war. Brent crude futures were up $1.33, or 2.2% to $60.84 a barrel by 10:55 a.m. EDT (1455 GMT). WTI crude futures rose […] More »