Oil prices dip on demand worries as U.S. gasoline stocks surge
Written by Black Hot Fire Network on January 24, 2024
Oil field workers on a rig in Tioga, North Dakota.
Ken Cedeno | Corbis | Getty Images
Oil prices edged lower Wednesday as U.S. gasoline stocks rose significantly, suggesting demand might be faltering in the world's largest economy.
The West Texas Intermediate futures contract for March fell 18 cents, or .24%, to $74.19 a barrel in morning trading. The Brent
