NEW YORK: Oil prices fell Wednesday after the government reported U.S. crude oil supplies rose last week, and new data showed OPEC production was the highest in more than two years.
Benchmark WTI crude for March delivery fell 23 cents to settle at $86.71 a barrel on the New York Mercantile Exchange. In London, Brent crude rose $1.80 to settle at $102.32 per barrel on the ICE Futures exchange.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
