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Oil falls on build in U.S. crude oil stocks, stronger dollar

Por: CNBC Business October 26, 2022

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An aerial view of Phillips 66 oil refinery in the United States.Tayfun Coskun Anadolu Agency Getty ImagesOil prices fell in early trade on Wednesday as the dollar firmed and as industry data showing U.S. crude oil stockpiles rose more than expected reinforced fears of a global recession that would cut demand. futures for December dropped $1.17, or 1.3%, to $92.35 a barrel at 0111 GMT, after climbing 26 cents in the previous session. futures for... + full article



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