Tuesday, 31 March 2020

Oil prices mixed, U.S. inventory build-up heightens oversupply concerns

Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected rise in inventories in the United States.


from Reuters: Business News https://ift.tt/2xzv0Br

No comments:

Post a Comment

An AI data center suing for Colorado River water highlights a bigger question: Who should get the West's water?

Drought has long been a challenge in California's Imperial Valley. Allen J. Schaben / Los Angeles Times via Getty Images A data center d...