The SCF Provider crude oil tanker is anchored in the Pacific Ocean in this aerial photograph taken above Long Beach, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)
Oil Rises on Saudi Cuts, Shrugs Off Rising U.S. Jobless Claims
(Bloomberg) -- Oil brushed off dismal U.S. unemployment data as the market shows signs of improving demand and Saudi Arabia slashed its sales to key buyers.