Tuesday, 31 March 2020

Oil prices mixed, U.S. inventory build-up heightens oversupply concerns

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By Yuka Obayashi TOKYO (Reuters) - Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected rise in inventories in the United States. Brent crude was down by 21 cents, or 0.8%, at $26.14 a barrel by 0032 GMT, while U.S. West Texas Intermediate crude was up by 27 cents, or 1.3%, at $20.75 a barrel

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