Oil prices hit lowest since November on expanding US inventories
Oil prices slipped to almost four-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June.
Mar 22, 2017, 17:41 PM ISTOil prices slip in Asian trade
Now, the rally seems to have fizzled out probably due to profit-taking as the market re-adjusts.
May 22, 2015, 10:13 AM IST