Finance

Record US inventories send crude tumbling

Crude futures fall sharply amid mounting selling pressure following record rise in weekly US crude inventories

Oil Fall: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) is seen at headquarters in Vienna
Oil Fall: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) is seen at headquarters in ViennaPhoto: REUTERS/SCANPIX
  • Nassir Shirkhani
Tehran
Published 11 June 2020, 04:15Updated 11 June 2020, 04:15
OpecAbdulazizRiyadhUSAWest Texas Intermediate