Oil falls for fourth day amid concern about demand
Brent slips on concern about rocky demand in Europe, even as data boosts hope of a recovery in US refinery activity
17 March 2021 - 09:00
Melbourne — Oil prices slipped for a fourth day on Wednesday on the worry about rocky demand in Europe, even as hope of a recovery in US refinery activity was boosted by industry data that showed US crude stockpiles unexpectedly fell last week.
US West Texas Intermediate (WTI) crude futures dipped 5c to $64.75 a barrel at 2.29am GMT, after climbing as much as 28c in early trade...
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