Oil Trades Near a Three-Week Low Amid Plentiful U.S. Supplies

Oil Trades Near a Three-Week Low Amid Plentiful U.S. Supplies

September 1, 2016
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By hellenicshippingnews Oil traded near the lowest close in almost three weeks in New York after U.S. government data showed crude stockpiles at the highest seasonal level in more than 20 years. Futures were little changed after falling 6.2 percent the previous three sessions. U.S. inventories increased by 2.28 million barrels last week for a second straight gain, … Read full story ›

Source:: Hellenic shipping news Oil