Oil prices drop due to higher than expected US inventories Unlisted Video
4 years ago
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General
According to Reuters, oil prices fell again after an industry report showed US inventories fell less than expected.
On May 30th, the prices for crude oil dropped between 2-and-3-percent.
Brent crude futures shed about 3-percent, falling to $67.42 a barrel.
West Texas Intermediate crude futures lost about 2-percent, bringing the price per barrel down to $57.69.
Those losses follow a volatile trading week for crude oil futures, which nearly hit three-month lows yesterday.
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