Oil slips after data shows increase in US stocks
Brent is weaker as industry data shows inventory growth more than expected in the US, where coronavirus cases are still increasing
22 July 2020 - 08:05
Singapore — Oil prices fell on Wednesday as industry data showed a bigger-than-expected inventory build in the US where coronavirus cases continue to climb, potentially further denting demand in the world's biggest oil consumer.
In his first briefing in months focused on the pandemic, US President Donald Trump said that the outbreak would probably get worse before it gets better, one of his first recent acknowledgments of the spread of the problem...
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