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Oil slips on U.S. stock build, Middle East disruptions in focus
Source: The Globe and Mail
Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & War
Oil prices fell Wednesday after an unexpectedly large build in U.S. crude inventories reversed part of a two-day rally. The inventory increase signals weaker near-term supply-demand balance, although ongoing Middle East supply disruptions continue to provide support and keep geopolitical risk elevated.
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