U.S. Oil Falls as Inventories Hit 18-Month High - News Summed Up

U.S. Oil Falls as Inventories Hit 18-Month High


-- U.S. oil prices declined Wednesday as domestic crude-oil inventories rose to an 18-month high and the International Energy Agency said global oil markets are “adequately supplied.”-- West Texas Intermediate futures, the U.S. oil benchmark, ended 0.6% lower at $65.89 a barrel on the New York Mercantile Exchange, snapping a three-session streak of increases.


Source: Wall Street Journal April 24, 2019 16:18 UTC



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