The Alaskan Frontier oil tanker takes on fuel at an outside anchorage in this aerial photograph taken near the Port of Los Angeles in Los Angeles, California, U.S. (Photographer: Tim Rue/Bloomberg)  

Oil Reaches 5-Week High on Biggest Drop in Stockpiles Since 2016

(Bloomberg) -- Oil rose to a five-week high as a huge drop in U.S. crude inventories bolstered the outlook for demand.

Bloomberg Quint

Add BloombergQuint App to Home screen.