Economy

Oil falls 4%, pressured by surprise US crude, gasoline build

Follow-ups -eshrag News:

Wed, 2022-08-03 21:55

HOUSTON: Oil prices slid 4 percent on Wednesday, with losses accelerating after US data showed crude and gasoline stockpiles unexpectedly surged last week after OPEC+ said it would raise its oil output target by just 100,000 barrels per day.

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