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Falling oil prices

2020-10-28T08:51:01.109Z


Tokyo-SANA Oil prices fell today, to lose most of the gains made yesterday, after boosting the increase in inventories.


Tokyo-Sana

Oil prices retreated today to lose most of the gains they made yesterday, after the increase in US crude stocks and the high cases of Coronavirus in Europe and the United States boosted concerns about oversupply and weak demand for fuel.

Reuters reported that Brent crude fell a dollar to 40.20 dollars a barrel, after rising about 2 percent yesterday.

Also, US crude futures fell by more than a dollar to 38.56 dollars a barrel, after rising 2.6 percent yesterday.

Source: sena

All business articles on 2020-10-28

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