TODAY CRUDE OIL NEWS UPDATE :: By Mcx Profit Hub

Oil broadens misfortunes as monetary information, developing inventories drag.

Oil prospects broadened misfortunes on Thursday as feeble monetary information burdened the viewpoint for fuel request which was exacerbated by a bigger than anticipated ascent in U.S. unrefined inventories.

“Raw petroleum costs fell as rising inventories added to the debilitating financial setting,” said ANZ Bank in a note on Thursday.

Brent raw petroleum fates fell 17 pennies, or 0.3%, to $57.52 a barrel by 0052 GMT, subsequent to tumbling 2% in the past session.

U.S. West Texas Intermediate (WTI) rough fates fell 9 pennies, or 0.2%, to $52.55 a barrel, subsequent to sinking by 1.8% on Wednesday.

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