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Oil prices fall 2 percent after a surprise increase

2020-09-11T06:10:53.269Z


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.

Source: sena

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