LONDON – Oil fell more than 1% to below $41 a barrel on June 10 after a report showed a rise in crude inventories in the United States, reviving concerns about oversupply and weak demand because of the coronavirus crisis.
Reuters: Oil falls below $41 as US inventory rise revives glut worries
(FILES) In this file photo taken on Oct. 21, 2019 a pumpjack from California-based energy company Signal Hill Petroleum is seen in front of the landmark Curley's Cafe, one of two pumpjacks in the Diner's parking lot which has been churning out oil from the ground below since 1921 in Signal Hill, California.
