Oil drops as demand thwarts falling inventories – Rigzone

Oil drops as demand thwarts falling inventories – Rigzone

(Bloomberg) – Oil fell to around $ 40 a barrel as the prospect of a resurgence of the virus forcing more stay-at-home measures in Europe and the United States offset a larger-than-expected drop in U.S. inventories. Futures contracts in New York fell about 1% on Friday and are down slightly for the week. The Energy […]

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