Oil Retreats Toward $38 on Signs US Crude Stockpiles Expanded

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(Bloomberg) -- Oil retreated toward $38 a barrel after a U.S. industry report signaled a surprise jump in crude inventories, raising fresh concerns about excess supply. Futures dropped 2.1% in New York, erasing all of the gains from the previous session.

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(Bloomberg) -- Oil retreated toward $38 a barrel after a U.S. industry report signaled a surprise jump in crude inventories, raising fresh concerns about excess supply. Futures dropped 2.1% in New York, erasing all of the gains from the previous session. https://ift.tt/eA8V8J

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