Post Tagged with: "inventory build"

Brent Oil Sinks Under $60 as U.S. Storage Jumps Most in 30 Years

Brent Oil Sinks Under $60 as U.S. Storage Jumps Most in 30 Years

From Bloomberg


Total petroleum stockpiles rise by 22 million barrels: EIA, Global benchmark falls as low as $59.45 amid market ‘meltdown’

Brent crude futures tumbled below $60 a barrel after a report showed U.S. crude and fuel inventories ballooning by …