New York-SANA Oil prices fell about 2 percent after US data showed a sudden increase in stockpilesNew York-Sana
Oil prices fell about 2% after US data showed a sudden increase in crude inventories last week.
Reuters reported that Brent crude futures fell 73 cents, equivalent to 1.8 percent, to determine the settlement price at $ 40.06 a barrel.
US West Texas Intermediate crude fell 75 cents, or 2 percent, to close at $ 37.30 a barrel.
The US Energy Information Administration said that crud
New York-Sana
Oil prices fell about 2% after US data showed a sudden increase in crude inventories last week.
Reuters reported that Brent crude futures fell 73 cents, equivalent to 1.8 percent, to determine the settlement price at $ 40.06 a barrel.
US West Texas Intermediate crude fell 75 cents, or 2 percent, to close at $ 37.30 a barrel.
The US Energy Information Administration said that crude inventories rose 2 million barrels last week.