Advertisement

Oil prices edge lower

Oil prices edged lower on Wednesday after data showed growing U.S. refined product inventories and record crude production, which could undermine global efforts to support prices.
 
Brent crude fell 44 cents, or 0.7 per cent, to $60.20 a barrel.
 
U.S. West Texas Intermediate (WTI) crude was 69 cents, or 1.3 per cent, lower at $51.42 a barrel.


comments powered by Disqus
Most Popular
Kingston Properties moving to reduce debt
Jamaica Broilers to supply grain to...
Rusal tries to re-insure risks with Western...