Supply disruption fears mount following hefty sanctions on Russian banks
American Petroleum Institute
The US is to release 50m barrels of oil from strategic reserves
China ramps up operating rates to meet a spike in diesel demand
Mass rollouts are likely months away and subject to regulatory approvals
Hopes for a swift economic recovery in China limited losses
A further swelling of stockpiles also cast doubt on the demand outlook in US and China
Brent bounces back from two-decade low after US president takes aim at Iranian vessels
Demand for crude slumps as coronavirus pandemic continues
Worries about oversupply, IMF warning on a deep recession kept gains in check
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