Open Demo Account
Home / Market Update / Commodities / Oil Closes Mixed Following Inventory Report

Oil Closes Mixed Following Inventory Report

M. Ali 10 December, 2020 12:47 am Commodities, Market Update

Oil prices ended Wednesday on a mixed note, following a surprise surge in crude inventories in the United States last week.

Brent crude futures for February delivery added 2 cents to close $48.86 a barrel.

Meanwhile, the West Texas Intermediate (WTI) futures for January delivery fell by 8 cents to finish at $45.52 per barrel.

Tags

Check Also

U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty

The latest data from the Bureau of Labor Statistics (BLS) revealed that Producer Prices increased …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends