Surge in US oil stocks pushes prices down
Crude oil inventories in the US rose by six-million barrels last week, the American Petroleum Institute says
20 November 2019 - 13:29
London — Oil prices slipped for a third day on Wednesday as a surge in US stocks reinforced concerns about lacklustre global economic growth, while hopes ebbed for any movement on the US-China trade war.
West Texas Intermediate crude futures erased early gains to trade down 17 US cents, or 0.31%, at $55.04 a barrel by 9.30am GMT. Brent crude futures were at $60.70 a barrel, down 21c, or 0.34%...
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