Oil futures dropped on Wednesday, extending losses from the previous day, after U.S. crude stockpiles grew more than expected, adding to worries about oversupply. Energy BEST LOAN UPDATE:
Tag: oversupply
Oil falls as U.S. inventory rise revives oversupply concerns
Oil prices fell on Wednesday after data showed a rise in crude and fuel stockpiles in the United States, reviving concerns about oversupply and falling fuel demand in the world’s largest crude consumer amid the coronavirus outbreak. Energy BEST LOAN … Read more…