Oil prices plunged after data showed U.S. stockpile rose for the 9th consecutive week.

The West Texas Intermediate for April Delivery erased 2.86 U.S. dollars to settle at 50.28 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery decreased 2.81 dollars to close at 53.11 dollars a barrel on the London ICE Futures Exchange. Enditem

Source: Xinhua/NewsGhana.com.gh

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.