Oil prices drop three per cent to $70

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Oil prices drop three per cent to $70

« on: May 23, 2019, 07:13:55 AM »

Oil prices drop three per cent to $70

Oil futures sank yesterday as an unexpected build in United States (U.S.) crude stockpiles compounded investor worries that a prolonged trade war between Washington and Beijing could dent crude demand. U.S. West Texas Intermediate crude futures for July delivery slumped $1.92, or three per cent, at $61.21. Brent crude futures went down $1.52, or 2.1 […]
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