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US crude stocks rise, demand weaken
Nov. 18, 2020

US crude stocks rise, demand weaken

US crude stocks rose above the market expectations on Wednesday. As a result, oil prices were stable. Further, weaker US retail sales have brought back demand fears. Brent increased by 0.1% and was traded at $43.78 a barrel. WTI went up by 0.1% and was traded at $41.40 a barrel. Hopes of production cut from OPEC and its allies have held the market for now.

   Read More About : Brent Price Oil Prices OPEC US WTI
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