Oil tumbles as much as 2% as Oklahoma crude piles up
|08/13/2018||Posted by BusinessMediaguide.Com under General World News||
- Oil prices fell more than 2% on Monday.
- Data showed inventories at the US crude delivery hub rose last week.
- Watch oil trade in real time here.
Oil prices slid Monday after inventories at a key US crude delivery hub jumped last week, adding to demand concerns.
West Texas Intermediate was down 0.6% to $67.34 per barrel at 3:15 p.m. ET. Brent, the international benchmark, shed 0.3% to $72.74 a barrel. Both had fallen more than 2% in midday trading.
Market research firm Genscape data showed inventories at the Cushing delivery hub for WTI rose by 1.7 million barrels in the week read more >>>