Oil falls on rising US stockpiles and worries about sluggish demand
10 September 2020 - 08:48
Singapore/Melbourne — Oil prices slid on Thursday after data showed US crude stockpiles unexpectedly rose last week, stoking concern about a sluggish recovery in fuel demand as coronavirus cases continue to surge in many countries.
US West Texas Intermediate (WTI) crude futures fell 24 US cents, or 0.63%, to $37.81 a barrel at 4.17am GMT, after climbing 3.5% on Wednesday...
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