Oil up on signs of more Europe and China demand, less US output

Oil pricesrose on Wednesday on signs of weakening production in the U.S. and higher demand in Europe and China as buyers emerged after prices fell to new lows earlier in the week. Brent crude futuresgained 37 cents a barrel, or 0.6%, to $62 https://economictimes.indiatimes.com/markets/commodities/news/oil-up-on-signs-of-more-europe-and-china-demand-less-us-output/articleshow/120947774.cms?from=mdr