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Oil plunges following last week’s advance

Oil prices inched lower Monday, halting its advances recorded last week.

Crude futures for May delivery settled at $39.58 a barrel. Brent crude for June closed at $41.79 per barrel, while WTI crude ended at $39.51 per barrel.

Previously, oil prices increased over 6% after the Energy Information Administration said last week oil stockpiles slid by 4.9 million barrels.

The material has been provided by InstaForex Company – www.instaforex.com

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Oil plunges following last week’s advance Reviewed by on . Oil prices inched lower Monday, halting its advances recorded last week.Crude futures for May delivery settled at $39.58 a barrel. Brent crude for June closed a Oil prices inched lower Monday, halting its advances recorded last week.Crude futures for May delivery settled at $39.58 a barrel. Brent crude for June closed a Rating:
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