Arab Today, arab today oil falls as us crude inventories increase
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Oil falls as US crude inventories increase

Arab Today, arab today

Arab Today, arab today Oil falls as US crude inventories increase

Washington - SPA

Crude futures fell Wednesday on Wall Street after the U.S. government said the country’s crude-oil inventories rose again last week. Bechmark light sweet crude futures were down about $1.50 to about $92.25 a barrel in early-afternoon trade on the New York Mercantile Exchange. U.S. crude supplies increased by 3 million barrels, or 0.8 percent, to 391.4 million barrels, which is 4.6 percent above year-ago levels, the Energy Department said in its weekly petroleum inventory report. It was the 10th consecutive weekly increase.

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