Oil slips on weaker demand outlook after rising US gasoline inventories

Oil slips on weaker demand outlook after rising US gasoline inventories

MELBOURNE: Oil prices fell early on Thursday, adding to heavy overnight losses, after an increase in gasoline inventories in the United States indicated a deterioration in the outlook for fuel demand so as coronavirus cases were skyrocketing in North America and Europe. U.S. West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.7%, to […]

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