Oil rises on inventory drawdowns

Volkswagen agrees $3b tender offer

Study finds high productivity can increase US economic output by $160b per year

Brent futures rose 5 cents, or 0.1%, to $74.55 a barrel

Losses were limited by forecasts that crude supply will be tight the rest of the year

The meeting resolves to provide an uninterrupted supply of gas and electricity to the industries

More companies prepare to adopt crypto payment models

USTR drops tariff threat

Global insurance recovery will be faster

Upbeat earnings, signs of economic revival fuel investor risk appetite