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Selling pressures snag prices

Weaker demand forecast and booming US inventories flatten values

Pressure: US crude inventories climbed by 2.2 million barrels against analysts’ expectations of a decline
Pressure: US crude inventories climbed by 2.2 million barrels against analysts’ expectations of a declinePhoto: Johannes Worsoe Berg
  • Nassir Shirkhani
London
Oil priceUSARussiaIranOpec
Published 12 June 2019, 18:00Updated 12 June 2019, 18:00