Oil prices fall on high US petrol stocks and poor demand
Talks on reviving the nuclear deal that might see some Iran sanctions lifted letting it add to global oil supplies
08 April 2021 - 13:14
London — Crude oil prices fell on Thursday after official data showed a big increase in US petrol stocks on the back of higher refinery runs, while demand remained subdued compared with pre-coronavirus levels.
Brent crude fell 32c, or 0.5%, to $62.84 a barrel by 10.13am GMT. US oil fell 45c, or 0.7%, to $59.32 a barrel...
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