Oil Rises With China Easing Lockdowns, US Mulling SPR Refill

• IEA lowers global demand forecast from previous estimate
• US crude stockpiles fell 2.44 million barrels last week: EIA

Oil held onto gains, supported by the prospect of looser lockdown restrictions in a Chinese megacity and the White House contemplating buying back oil to refill strategic reserves.

Read more here https://www.bloomberg.com/news/articles/2022-09-14/oil-edges-higher-with-us-reserves-plan-offsetting-hot-inflation