Oil falls on higher than expected rise in US inventories

Doubts over Russia's commitment to deep production cuts also weighs on prices

Excess inventory: a higher than anticipated rise in US oil inventories dragged down prices in early trade on Thursday — Excess inventory: a higher than anticipated rise in US oil inventories dragged down prices in early trade on ThursdayPhoto:: AP/SCANPIX

Reuters

USA Russia Opec American Petroleum Institute National Australia Bank

Published 28 May 2020, 03:59Updated 28 May 2020, 03:59