December 21, 2023 6:03 PM
Oil prices fall as concerns over low demand following surprise U.S. crude inventory build
Oil prices fell today as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions due to tensions in West Asia. In intra-day trade, Brent crude was trading at 79 dollars and 46 cents per barrel, while U.S. West Texas Intermediate crude was trading at 74 dollars and three cents per barrel when reports last came in.