Economic Jitters Drop Oil $2/Barrel, U.S. Crude Stocks Rise

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  • U.S. business activity contracts in Jan
  • U.S. crude stocks likely to rise – poll
  • OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting
  • Oil stocks rose by 3.4 mln bbls last week – sources citing API

Oil falls $2/barrel on economic jitters, U.S. crude stock build, states a Reuters news article.

Crude oil prices slip

Crude oil prices slipped on Tuesday on concerns about a global economic slowdown and as preliminary data indicated a bigger than expected build in...

https://mfame.guru/economic-jitters-drop-oil-2-barrel-u-s-crude-stocks-rise/

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