Oil falls below $70 as market pessimism outweighs stockpile dip
US benchmark West Texas Intermediate slipped as much as 4% to break below $70 a barrel and reach the lowest intraday price since June 29. Global benchmark Brent retreated as much as 3.5%, slipping below $75. WTI futures have now dropped by more than a quarter from this year’s peak in late September.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
