Category: Inventory
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Oil falls on second wave outbreak fears, rise in U.S. inventories
[ad_1] TOKYO (Reuters) – Oil prices fell on Wednesday on worries about a possible second wave of coronavirus cases in countries starting to ease lockdowns, while industry data showed a rise in U.S. crude inventories. FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. REUTERS/Todd Korol…
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Oil falls amid concerns about new viral outbreaks, rise in inventories
[ad_1] TOKYO (Reuters) – Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave of the coronavirus pandemic in countries easing lockdowns. FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May…
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Oil falls amid concerns about new viral outbreaks, rise in inventories | News
[ad_1] Tuesday, May 12, 2020 9:21 p.m. EDT by Thomson Reuters TOKYO (Reuters) – Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave of the coronavirus pandemic in countries easing lockdowns. Traders shrugged off a further call…