Oil prices slip as U.S. inventories and virus fears grow

0 131

On Wednesday, oil prices fell as industry data showed a bigger than expected inventory build in the United States, where a surge in coronavirus cases could further dent fuel demand in the world’s biggest oil consumer.

Brent crude fell 60 cents, or 1.4%, to $43.72 a barrel by 0912 GMT. U.S. West Texas Intermediate (WTI) crude dropped 70 cents, or 1.7%, to $41.22.

You might also like