Oil recovers from inflation-driven plunge - NewsBreak
By Sain in Business
Updated 2 years ago
LONDON, Nov 11 (Reuters) - Oil prices rose above $83 a barrel on Thursday, recovering from sharp falls triggered by concerns that rising U.S. inflation could prompt Washington to release more strategic crude stockpiles to drive down prices. Brent crude futures gained 70 cents, or 0.85%, to $83.34 a barrel...
