Oil Falls More Than 3 Percent on Supply Increase
Investing News Network - October 26th, 2011
AFP reported that oil prices declined more than 3 percent after reports confirmed that supplies rose more than expected.
AFP reported that oil prices declined more than 3 percent after reports confirmed that supplies rose more than expected.
As quoted in the market news:
The Department of Energy reported an increase of 4.7 million barrels in the nation’s storage tanks last week.