Rising U.S. Crude Records Force Oil Prices Down

Oil prices fell Wednesday after reports showed increasing U.S. crude inventories, triggering worries for continued global crude over-supply.

The West Texas Intermediate for March Delivery erased 0.43 dollars to settle at 52.75 dollars a barrel on the New York Mercantile Exchange, while Brent crude for March delivery decreased 0.36 dollars to close at 55.08 dollars a barrel on the London ICE Futures Exchange. Enditem

Source: https://www.newsghana.com.gh/oil-prices-fell-on-rising-u-s-crude-inventories/