Oil prolongs losses as inventories rise amid falling demand – CNBC

Oil prolongs losses as inventories rise amid falling demand – CNBC

Offshore oil rigs are seen on April 20, 2020 in Huntington Beach, California. Michael Heiman | Getty Images Oil prices fell for a second day on Friday, under pressure from a surprise increase in U.S. inventories as the coronavirus pandemic continues to erode demand for fuels. Brent was down 18 cents, or 0.5%, to $ […]

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