RIYADH: Oil prices slid on Wednesday as industry data showed US crude stockpiles rose more than expected and on worries a rebound in COVID-19 cases in top importer China would hurt fuel demand.
Brent crude futures fell 44 cents, or 0.5 percent, to $94.92 a barrel by 0454 GMT, while US West Texas Intermediate crude futures fell 53 cents, or 0.6 percent, to $88.38 a barrel. The benchmarks fell around 3 percent on Tuesday.
Occidental Q3 profit surges on higher oil prices
Newly-released security camera footage shows the moment last month's magnitude 6.8 quake shook Kumamoto General…
Viruses are not alive and it would take another significant leap for AI to generate…
At least 30 Yemeni government troops are reported to have been killed in Houthi rebel…
Two human rights groups have said an Israeli attack in southern Lebanon that killed al-Akhbar…
Nearly eight million people in South Sudan – more than half the population – face…
That’s according to the Designated Human Rights Expert for Haiti, William O’Neill, who spoke to UN…