Oil drops on higher inventories, weak U.S. stock markets

Capt. John

LONDON (Reuters) – Oil prices fell further on Friday and were on track for a second weekly drop after U.S. stock markets tumbled and U.S. stockpiles rose unexpectedly. Brent LCOc1 fell 28 cents, or 0.7%, at $30.78 a barrel by 1210 GMT, and U.S. crude CLc1 was down 17 cents, or 0.5%, to $37.13 a …

https://www.hellenicshippingnews.com/oil-drops-on-higher-inventories-weak-u-s-stock-markets/

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