Global markets were mixed on Wednesday (Feb 7), while Nymex’s crude oil dropped 2.6% to US$61.73 per barrel, a one-month low after U.S. data fuelled fears of oversupply. Stocks of crude oil in the United States went up by 1.895 million barrels in the week ended February 2nd 2018, following a 6.776 million increase in the previous period, Reuters reported. Meanwhile, gasoline inventories went up by 3.414 million, following a 1.98 million drop in the previous week.To subscribe please click here
