Oil prices dip as US crude stockpiles rise
WTI crude and Brent crude futures dipped 61c and 53c, respectively
10 September 2020 - 11:46
London — Oil prices dipped on Thursday after data showed US crude stockpiles rose last week and the US Energy Information Administration (EIA) downgraded its oil demand outlook, though the Brent benchmark stayed above $40 a barrel.
US West Texas Intermediate (WTI) crude futures dipped 61c to $37.44 a barrel at 8.08am GMT, after climbing 3.5% on Wednesday. Brent crude futures fell 53c to $40.26 a barrel, after rising 2.5% the previous day...
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