Production

Oil dives over 5% as US crude stocks hit record

Resurgence in Covid-19 cases also weighed on prices

Oil price: Brent crude settled at $40.31 a barrel, down $2.32, or 5.4%
Oil price: Brent crude settled at $40.31 a barrel, down $2.32, or 5.4%Photo: REUTERS/SCANPIX
  • Reuters
Published 24 June 2020, 22:35Updated 24 June 2020, 22:35
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