![Oil rig pumpjacks near Long Beach, California. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/7QPED6I64KFKYIBQK2Z5JJQ4RQ.jpg?smart=true&auth=18ed527d39d462af78698e9894bec98158f767a20d51af6f839fb2471c59515f&width=400&height=225)
Oil rig pumpjacks near Long Beach, California. Reuters
Oil rig pumpjacks near Long Beach, California. Reuters
Oil posts fourth straight week of gains on strong fuel demand hopes
US crude stocks, an indicator of fuel demand in the world’s largest economy, fell by 12.2 million barrels last week