Oil inches up on tighter U.S. supply, looming Iran sanctions

Oil pumps are seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann

SINGAPORE (Reuters) – Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United States. Prices were also pushed up by looming U.S. sanctions against Iran, which threaten to cut supplies to an already tight market […]

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