Oil Prices Drop as Inventories Rise
January 9, 2025
Brent crude settled down 89 cents, or 1.16%, to $76.23 a barrel. U.S. West Texas Intermediate crude fell 93 cents, or 1.25%, to $73.32. Both benchmarks had risen more than 1% earlier in the session. “The oil market is being weighed down by the significant increases in gasoline and diesel inventories that we’ve seen over […]
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