April 1, 2020
Source: Reuters

Oil prices slip over rise in US crude inventories

Oil prices dropped in the international market on Wednesday, stressed by rising U.S. inventories and the rift within OPEC intensified oversupply concerns. Brent futures slipped 3.6%, at $25.41 a barrel. U.S. West Texas Intermediate (WTI) crude futures dropped to $20.37 a barrel. Data released by the American Petroleum Institute showed a rise of 10.5 million barrels in U.S. crude inventories.

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