Oil pares gains on supply worry

Oil prices fell 4% on Friday, paring most of the previous session's rise as traders noted that a tropical storm was behind this week's unexpected slump in US crude inventories.

Signals: 'tremendous increase' in oil stocks expected next week
Signals: 'tremendous increase' in oil stocks expected next week
Published 9 September 2016, 21:42Updated 25 October 2016, 15:05