A pedestrian passes oil storage silos at an oil and gas storage facility, operated by Gazprom Neft PJSC, in Belgrade, Serbia. (Photographer: Oliver Bunic/Bloomberg)
Oil Rises on Signs of Improving Demand, Declining Production
(Bloomberg) -- Oil flipped from a loss to a gain with investors shifting their focus from a potential second wave of Covid-19 outbreaks to signs of improving demand and declining production.