Oil Prices Fall
Publish Date : 2019/11/06 - 06:22

Oil prices fell on Wednesday in Asia as a big U.S. crude build overshadowed positive Sino-U.S. trade news.

U.S. Crude Oil WTI Futures dropped 0.5% to $56.95. International Brent Oil Futures also fell 0.5% to $62.64.

The fall in oil prices came after the American Petroleum Institute reported overnight that U.S. crude inventories rose by 4.3 million barrels in the week ended Nov. 1 to 440.5 million barrels.

Both countries have slapped tariffs on each other's goods in a trade war that has dragged on for 16 months.

Source: Investing

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