Reported about 7 hours ago
Oil prices have declined as data revealed a significant rise in US inventories, with Brent crude approaching $64 per barrel and West Texas Intermediate near $60. A report showed US crude inventories increased by 6.5 million barrels, marking the largest increase since July. This decline in oil prices is part of a broader market selloff, exacerbated by rising concerns over global supply and slowing demand.
Source: YAHOO