Oil slides 2.5% as U.S. inventories build, weak economic data weighs

October 2, 2019 admin Business News Comments Off on Oil slides 2.5% as U.S. inventories build, weak economic data weighs

Oil prices fell more than 2.5% on Wednesday after official data showed a rise in U.S. crude inventories, adding to worries about an oversupplied market as weak economic readings in the United States depressed global markets.

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Source:: Reuters – Business News