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Falling oil prices

2019-11-06T10:10:48.544Z


LONDON (Reuters) - Oil prices fell on Tuesday on data on US crude inventories growth. Reuters reported that the punishment


London-Sana

Oil prices retreated today due to data on the growth of US crude inventories.

Brent crude futures were at $ 62.58 a barrel, down 38 cents, or 0.6 percent, and US West Texas Intermediate crude futures were down 30 cents, or 0.5 percent, at $ 56.93 a barrel.

US crude inventories rose by 4.3 million barrels in the week ending November 1 to 440.5 million barrels, according to data from the American Petroleum Institute released yesterday, almost triple the analysts' expectations of an increase of 1.5 million barrels.

Source: sena

All business articles on 2019-11-06

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