Global crude oil prices rise today

Global crude oil prices rose today, with investors hoping that a big build-up in US inventories may mean producers have little option but to deepen output cuts, as the coronavirus pandemic ravages demand. So the Brent crude futures gained 19 cents, to trade at 27.50 dollars a barrel. US crude futures moved up 7 cents, to 19.94 dollars a barrel. Energy Information Administration data also showed large US refined fuels stock builds, despite refiners operating at 69 percent of capacity nationwide, ...