Oil prices hit fresh 6-month low

By AFP

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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