Oil rises for second day as producers trim output to respond to demand loss

U.S. West Texas Intermediate (WTI) futures were up 28 cents, or more than 2%, at $14.06 a barrel, having risen around a fifth in the previous session. U.S. crude futures fell to below minus $40 on Monday on concerns that buyers were running out of storage space to take deliveries.

from Moneycontrol Commodity News https://ift.tt/3byq8vt