Oil falls further on demand outlook, US stock build

IEA says demand won't reach pre-pandemic level until 2023

Stockpile up: US crude oil supply up for the fourth week in a row despite refinery boost, according to the US Energy Information Administration
Stockpile up: US crude oil supply up for the fourth week in a row despite refinery boost, according to the US Energy Information AdministrationPhoto: REUTERS/SCANPIX
Published 17 March 2021, 22:13Updated 17 March 2021, 22:13