ABU DHABI/WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Oil retreats after industry data shows US stockpiles expanding
Bloomberg Oil fell from the biggest gain in three months after U.S. industry data showed the nation’s crude stockpiles increased, adding to concerns about oversupply. Futures lost as much as 1.5 percent in New York. Inventories rose 2.2 million barrels last week, the American Petroleum Institute was said to report. Government data Wednesday is forecast to show a decline. ...
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