Post Tagged with: "stockpiles swell"

Source: Reuters

Oil plunges 5% as coronavirus cases surge, U.S. crude stockpiles swell


NEW YORK – Oil prices dropped 5% to a three-week low on Wednesday as surging coronavirus infections in the United States and Europe is leading to renewed lockdowns, fanning fears that the unsteady economic recovery will deteriorate.

Brent LCOc1

October 28, 2020 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News