Oil Prices Decline on Inventories, Trade Deficit - News Summed Up

Oil Prices Decline on Inventories, Trade Deficit


•Oil prices declined Wednesday after a pair of reports out of Washington showed domestic inventories of crude oil rose significantly, and the U.S. trade deficit jumped to a 10-year high. •West Texas Intermediate futures, the U.S. oil standard, were down 1.3% at $55.82 a barrel on the New York Mercantile Exchange. •Brent crude, the global...


Source: Wall Street Journal March 06, 2019 11:10 UTC



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