Oil slips as US inventories build

The EIA's revised forecast for US oil output to fall less than previously forecast helps ease declines

Fall in prices: oil dipped as US crude stockpiles rose, according to API data
Fall in prices: oil dipped as US crude stockpiles rose, according to API dataPhoto: AP/SCANPIX
Published 8 July 2020, 03:00Updated 8 July 2020, 03:00