Oil prices hit fresh 6-month low


Analysts said they were surprised WTI finished lower after the US Energy Information Administration's weekly inventory report showed lower oil and petroleum product inventories. The report showed a 4. 4 million barrel drop in gasoline stocks and a 1. 8 million barrel decline in diesel inventories.

Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies.

Read more here: Business Spectator


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