Production

Oil slips on US crude inventory build

Economic data showing Japan's factory activity contracted for a 15th consecutive month also weighs on prices

Oversupply: an unexpected jump in US oil inventories weighed on oil prices on Wednesday
Oversupply: an unexpected jump in US oil inventories weighed on oil prices on WednesdayPhoto: AP/SCANPIX
  • Reuters
Donald TrumpUSAAPIEdward MoyaOANDA
Published 22 July 2020, 05:43Updated 22 July 2020, 05:43