
Oil falls below $41 as U.S. inventory rise revives glut worries
Reuters LONDON – Oil fell more than 1% to below $41 a barrel on Wednesday after a report showed a rise in crude inventories in the United States, reviving concerns about oversupply and weak demand because of the coronavirus crisis. The report from the American Petroleum Institute, an industry group, said crude stocks rose by 8.4 million barrels, rather than
