Reported about 5 hours ago
Oil prices decreased on Wednesday after a report indicated a rise in U.S. crude stockpiles, ending a three-day streak of gains influenced by Middle East tensions and U.S. sanctions. Brent futures fell to $76.64 per barrel and West Texas Intermediate decreased to $72.95. U.S. crude inventories increased by 9.4 million barrels, while gasoline and distillate stocks fell. Concerns over tariffs and their potential impact on global economic growth further weighed on market sentiment.
Source: YAHOO