Oil prices fall in early trading

Mubasher: Oil prices saw a slide in early trading, shrugging off lowering U.S oil stockpiles.

By 7:00 GMT, Brent Crude dipped by 0.2% to $47.51 per barrel.

U.S Crude oil for delivery in June also slipped 0.1% to $46.18 a barrel.

Yesterday, oil prices pushed higher after U.S oil stockpiles declined by 3.4 million barrels last week as per data by U.S. Energy Information Administration

Mubasher Contribution Time: 12-May-2016 09:11 (GMT)
Mubasher Last Update Time: 12-May-2016 09:11 (GMT)