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Oil prices fell, as demand concerns weighed on prices
Aug. 19, 2020
Source: Reuters

Oil prices fell, as demand concerns weighed on prices

Oil prices fell on Wednesday as demand concerns are over weighing the prices. Brent crude fell 40 cents, to $45.06 a barrel. U.S. West Texas Intermediate crude was down 34 cents, at $42.55 a barrel. U.S. crude inventories fell by 4.3 million barrels to about 512 million barrels, more than analyst expectations for a 2.7 million-barrel draw, industry data from the API.

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