Wednesday, 19 August 2020

Oil slips as demand fears outweigh strong US stocks draw

Oil prices eased on Wednesday on concerns that US fuel demand may not recover as quickly as expected amid stalled talks on an economic stimulus package, overshadowing a bigger-than-expected drawdown in US crude stocks. With investors keeping one eye on a key producer countries’ ministerial meeting later in the day, Brent crude futures fell 33 […]

from Daily Times https://ift.tt/3gb8L5h

No comments:

Post a Comment