Oil prices hit by record U.S. crude inventories, bearish Fed

June 11, 2020 admin Business News Comments Off on Oil prices hit by record U.S. crude inventories, bearish Fed

Oil prices fell on Thursday, hit by another record build-up in U.S. crude inventories and the U.S. Federal Reserve’s projections that the world’s biggest economy would shrink 6.5% this year.

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Source:: Reuters – Business News