Oil rises after Saudi output pledge, declining US inventories
On Tuesday, the American Petroleum Institute (API) said US crude inventories fell by 998,000 barrels in the latest week, trouncing forecasts by analysts in a Reuters poll for a rise of 2.7 million barrels.
The US Energy Information Administration (EIA) is scheduled to release its weekly data at 10:30 a.m. EST (1530 GMT) on Wednesday.
Published Date: Feb 13th, 2019 10:30 PM | Updated Date: Feb 13, 2019 10:30 PM IST
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