Tag: 10month

Oil Holds Sharp Drop After US Stockpiles Expand to 10-Month High

(Bloomberg) — Oil held the bulk of a large drop amid a slew of conflicting signals that ranged from rising stockpiles to tensions in the Middle East and the reimposition of US sanctions on Venezuelan crude. Most Read from Bloomberg Global benchmark Brent traded below $88 a barrel after slumping by 3% on Wednesday, while […]