Oil up on draw in U.S. fuel stocks but demand concerns weigh

24 October 2018, News Wires — Oil edged higher towards $77 a barrel on Wednesday after hitting a two-month low, after a strong drawdown in U.S. gasoline and diesel inventories augured for a coming seasonal rebound in refining demand. Traders were also focused on the return to looming U.S. sanctions on oil exporter Iran, balancing … More »