Investing.com investing.com 23 Dec, 2020 06:00 am

Oil falls on surprise build in U.S. crude stocks, Trump threat to U.S. relief spending By Reuters

Oil falls on surprise build in U.S. crude stocks, Trump threat to U.S. relief spending By Reuters
Oil falls on surprise build in U.S. crude stocks, Trump threat to U.S. relief spending

7 million barrels in the week to Dec.2 million barrels.Distillate stocks, which include diesel, heating oil and jet fuel, rose by 1 million barrels, also a surprise against expectations for a drawdown of 904,000 barrels.2 million barrels.

COVID-19 cases continued to surge in the United States, with more than a million new cases in just six days, and Americans were warned again to avoid travelling for Christmas, further dampening fuel demand.7 Strain Fuel Demand Jitters p By Gina Lee Investing.

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