Fetching News Details
Oil prices fell on Wednesday as industry data showed a bigger-than-expected inventory build in the United States, where climbing coronavirus cases may further dent fuel demand in the world’s biggest oil consumer. Brent crude fell 35 cents, to $43.97 a barrel, and U.S. West Texas Intermediate (WTI) crude dropped 39 cents, to $41.53. Oil prices climbed about $1 the previous day, reaching their highest since March 6.
