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Oil slides on fresh COVID-19 outbreaks, bump in crude stocks

Oil prices settled lower on Wednesday on fuel demand worries due to an uptick in coronavirus cases, with emerging hotspots in China and the United States, and as U.S. crude stocks grew again, taking commercial inventories to another all-time high. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: stocks, crude, all-time, another, inventories, commercial, taking, again, States, United, China, hotspots, emerging, cases, coronavirus, uptick, worries, demand, lower, settled, prices, outbreaks, COVID-19, fresh, slides

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/16vwxIT4VTw/oil-slides-on-fresh-covid-19-outbreaks-bump-in-crude-stocks-idUSKBN23O03A

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