Oil prices extend losses after U.S. crude inventory data

Source: Xinhua| 2018-10-19 04:01:48|Editor: Mu Xuequan
Video PlayerClose

NEW YORK, Oct. 18 (Xinhua) -- Oil prices kept falling on Thursday, as a larger-than-expected increase in U.S. crude stockpiles continued to weigh on the market.

The U.S. Energy Information Administration (EIA) said in a weekly report on Wednesday that the country's crude stocks rose by 6.5 million barrels last week, well above market expectations and extending its rising streak to a fourth straight week.

A heavy sell-off in global equity markets also rattled nervous investors, with all the three major U.S. indices slumping over 1.7 percent in late trading on Thursday.

The West Texas Intermediate for November delivery dropped 1.10 U.S. dollars to settle at 68.65 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery lost 0.76 dollar to 79.29 dollars a barrel on the London ICE Futures Exchange.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091375426381
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
中出国产乱子伦中文字幕在线 | 亚洲2020天天堂在线观看 | 小说区图片区综合久久亚洲 | 日本中文字幕在线 | 性色AV福利片| 亚洲福利精品一区二区三区 |