Oil plunges after unexpected rise in US crude inventories
Oil plunges after unexpected rise in US crude inventories
Oil slipped on Thursday after industry data showed a surprise increase in U.S. crude inventories that rekindled demand fears related to the pandemic, but U.S. stimulus hopes have limited the price drop. Brent futures fell 47 cents, or 0.8%, to $ 55.61 a barrel at 10:30 a.m. GMT. U.S. West Texas Intermediate (WTI) crude futures […]
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