
Commodity Market: WTI Crude Oil extends losses on US oil inventory increase, China COVID-19 concerns hamper demand
November 9, 2022 9:17 am
Futures on US West Texas Intermediate Crude Oil edged lower on Wednesday following an over 3% slump in the previous trading session, as an industry report showed US crude inventories had surged more than expected. At the same time, re-surging COVID infections in China added to fuel demand concerns. The latest data from the American […] Read more