Crude slides on US supply build, fears of COVID-19 resurgence

Crude slides on US supply build, fears of COVID-19 resurgence
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23.06.2020

MOSCOW (MRC) -- Crude oil futures were trading lower in mid-morning trade in Asia June 18 after latest US inventory data showed a rise in crude stockpiles for a second consecutive week, while fears of a resurgence in COVID-19 cases dampened demand recovery, reported S&P Global.At 10:10 am Singapore time (0210 GMT), ICE Brent August crude futures were down 58 cents/b (1.42%) from the June

Full article at mrcplast.com

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