Oil is on pace for its best year since 2016 as global tensions and dwindling US inventories lift prices

Business Insider


· *Oil is set to close 2019 with its biggest yearly gain since 2016, according to data first reported by Bloomberg.*
· *WTI crude is up nearly 36% year-to-date, driven by geopolitical risk factors and shrinking US inventories.*
· *American crude inventories fell to their lowest level in two months in the week ended December...

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