Breaking News | Oil falls on the shock of US stock increases and Opec supply worries

Breaking News | Oil falls on the shock of US stock increases and Opec supply worries
Breaking News | Oil falls on the shock of US stock increases and Opec supply worries
Breaking News | Oil falls on the shock of US stock increases and Opec supply worries

New York — Oil benchmarks fell on Wednesday after an unexpected build in US crude and petrol inventories despite strong demand, and as traders weighed the possibility of an increase in oil cartel Opec crude output to cover any shortfalls in supply from Iran and Venezuela. US crude inventories rose 5.8-million barrels last week, while petrol stocks increased by 1.9-million barrels, the Energy Information Administration (EIA) said. Both builds were unexpected, as a Reuters poll called for a drawdo…

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Source : http://c.newsnow.co.uk/A/2/939171995?-:

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Breaking News | Oil falls on the shock of US stock increases and Opec supply worries