U.S. West Texas Intermediate crude futures declined by 86 cents, or 1.1%, to $78.62 a barrel at 0109 GMT, while Brent crude futures fell 73 cents, or 0.9%, to $84.25 a barrel, extending losses of around 1% from Wednesday.
"This raised the spectre of a recession, with risk appetite suffering as a consequence," ANZ Research analysts said in a client note. Nine analysts polled by Reuters had estimated on average that crude inventories fell by about 600,000 barrels.On a bullish note, however, distillate stockpiles, which include diesel and heating oil, fell by about 1.8 million barrels against analysts' expectations for a 120,000-barrel increase.
Maybe since the invention of Fusion power we can have clean energy vehicles. Oil is toxic. Sadly people think they NEED it to live.
Thanks, Joe.
Sverige Senaste nytt, Sverige Rubriker
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