Oil slips on surprise rise in U.S. crude stocks
Oil slips on surprise rise in U.S. crude stocks
MELBOURNE: Oil prices fell on Thursday after data showed U.S. crude inventories unexpectedly surged last week, rekindling concerns over pandemic restrictions that are reducing demand for fuel. U.S. West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.5%, to $ 53.04 a barrel at 0147 GMT, after two days of gains on hopes of […]
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