Oil slides as U.S. crude and gasoline stocks surge
Written by Black Hot Fire Network on October 14, 2022
An aerial view of Phillips 66 oil refinery in the United States.
Tayfun Coskun | Anadolu Agency | Getty Images
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production.
Brent crude futures fell 15 cents, or 0.2%, to $94.42 per barrel by 0034 GMT, while U.S. West Texas Intermediate (WTI . . .
