Oil falls third day on US stock build, surging COVID-19 cases

  • Date: 22-Apr-2021
  • Source: Money Control
  • Sector:Oil & Gas
  • Country:Middle East
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Oil falls third day on US stock build, surging COVID-19 cases

Brent crude futures fell 57 cents, or 0.9%, to $64.75 a barrel by 0157 GMT, following a drop of $1.25 on Wednesday. U.S. West Texas Intermediate (WTI) crude futures were down 58 cents, or 1.0%, at $60.77 a barrel, after losing $1.32 on Wednesday.