Oil prices fell on Wednesday over growing hopes for a cease-fire agreement between Israel and Hamas and rising crude inventories in the US, the world's biggest oil consumer, Anadolu Agency reported. International benchmark Brent crude traded at $85.28 per barrel at 10.45 a.m. local time (0745GMT), down 1.22% from the...
Oil slips after unexpected build in US crude and fuel inventories
US West Texas Intermediate (WTI) crude futures fell 59 cents, or 0.8 percent, to $74.53 a barrel, while Brent crude futures were down 62 cents, or 0.8 percent, at $79.48 a barrel.
