Oil slips on concern about oversupply
Brent falls after data shows a rise in crude and fuel stockpiles in the US, reviving concern about falling fuel demand
10 June 2020 - 08:20
Tokyo — Oil prices fell on Wednesday after data showed a rise in crude and fuel stockpiles in the US, reviving concern about oversupply and falling fuel demand in the world's largest crude consumer amid the coronavirus outbreak.
Brent crude futures fell 59c, or 1.4%, to $40.59 a barrel by 3.26am GMT after gaining nearly 1% on Tuesday...
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