Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
Articles Tagged "units"
South Korea’s S-Oil Corp declared that it has cut crude runs to 460,000 barrels per day in April from 480,000 bpd in March due to planned maintenance at one of its crude units. For full story, clcik here