Oil Falls a Seventh Day, Longest Run of Losses Since 2009

Previous Post: nbsp

Oil Falls a Seventh Day, Longest Run of Losses Since 2009

Bloomberg – Oil fell for a seventh day in New York, its longest run of declines since December 2009, as hopes for a solution to Europe’s debt crisis receded, U.S. supplies rose and Chinese imports fell. West Texas Intermediate oil fell as much as 0.5 percent. Crude inventories rose 3.7 million barrels last week to 379.5 million, the highest level since 1990, even as fuel supplies shrank, Department of Energy data showed. Read Article

Tags: , , , ,

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes