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Oil falls to lowest level in several weeks due to fears of oversupply
10.28.2015
Crude oil prices fell for the third straight session to its lowest level in several weeks as a result of growing fears of oversupply and ahead of key US oil inventory data expected to show an increase in new stocks.
The inn Brent crude futures December delivery 73 cents to $ 46.81 a barrel at the settlement, the lowest settlement since Sept. 15. Crude was down during trading to $ 46.41, the lowest level during trading also since Sept. 15.
The decline in US crude December delivery 78 cents to $ 43.20 a barrel at the settlement, the lowest settlement also since 27 August. Earlier on Tuesday, scored the lowest level since August 28 at $ 42.58 a barrel.
And renewed the expected increase in inventories in the United States and the oversupply of refined products fears of an oversupply in Alosoaq.anthy 29 quarters e
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10.28.2015
Crude oil prices fell for the third straight session to its lowest level in several weeks as a result of growing fears of oversupply and ahead of key US oil inventory data expected to show an increase in new stocks.
The inn Brent crude futures December delivery 73 cents to $ 46.81 a barrel at the settlement, the lowest settlement since Sept. 15. Crude was down during trading to $ 46.41, the lowest level during trading also since Sept. 15.
The decline in US crude December delivery 78 cents to $ 43.20 a barrel at the settlement, the lowest settlement also since 27 August. Earlier on Tuesday, scored the lowest level since August 28 at $ 42.58 a barrel.
And renewed the expected increase in inventories in the United States and the oversupply of refined products fears of an oversupply in Alosoaq.anthy 29 quarters e
[You must be registered and logged in to see this link.]
