Oil falls about 2.5% as U.S. Gulf production returns

July 18, 2019 admin Business News Comments Off on Oil falls about 2.5% as U.S. Gulf production returns

Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week’s hurricane in the region.

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Source:: Reuters – Business News