OIL PRICES EXTEND FALL AFTER SURPRISE INVENTORY
BUILD……..*****%%%%$$$###…
Oil prices fell for a fourth day on Wednesday, extending losses after a surge in U.S.
inventories surprised investors, overshadowing an interest rate cut by the Federal Reserve.
Brent crude futures were down 6 cents at $60.55 a barrel by 0033 GMT, having fallen by 1.6%
on Wednesday.
U.S. West Texas Intermediate (WTI) crude futures were down by 16 cents, 0.3%, at $54.90 a
barrel, after declining 0.9%.
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