Oil falls 4%, pressured by surprise U.S. crude, gasoline build - Reuters


8/3/2022 12:00:00 AM2 years 9 months ago

Oil prices slid about 4% on Wednesday, with losses accelerating after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ said it would raise its oil output target by 100,000 barrels per day (bpd).

HOUSTON, Aug 3 (Reuters) - Oil prices slid about 4% on Wednesday, with losses accelerating after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ said it woul… [+3066 chars]

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