Oil prices slip despite big US inventory fall


LONDON, May 6 (Reuters): Oil prices slipped after earlier gains on Thursday, weighed by rising Covid-19 infections in India and elsewhere, and despite a much sharper than expected fall in US crude inventories.

Brent crude oil futures fell by 28 cents, or 0.4%, to $68.68 a barrel by 0939 GMT, and West Texas Intermediate (WTI) US crude futures lost 31 cents, or 0.5%, to $65.32 a barrel.

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Oil , Price , Big Slip , US , Inventory , Falls , Covid-19 , Issues

   

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