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Oil edges lower on signs of further build in crude sockpiles

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Oil steadied after posting the largest drop in two weeks on signs of a US stockpile build coupled with weak technical indicators, Bloomberg reports. held above $74 a barrel after declining by 1.9% on Wednesday, with Brent crude near $80. The American Petroleum Institute reported nationwide inventories rose by 1.8 million barrels, […] The post Oil edges lower on signs of further build in crude sockpiles appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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