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Oil: Brent Edges Lower Toward $107 After Increase in U.S. Inventories
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4 Articles
4 Articles
Oil prices accelerated the decline during the day on Wednesday.
Oil: Brent edges lower toward $107 after increase in U.S. inventories
Oil prices moved lower on Wednesday, with Brent slipping toward $107 a barrel after two consecutive sessions of gains. The increase in U.S. crude inventories is putting pressure on the market, while concerns over global supply remain elevated due to by sofokleous10..gr
Crude prices are under pressure from rising US inventories, while the Houthis, Saudi Arabia and Libya threaten global supply.
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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