Oil prices edged lower on Wednesday, extending the previous session's drops...
FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann
Brent crude LCOc1 was down 13 cents, or 0.2%, at $64.46 a barrel at 0119 GMT, after dropping 0.3% on Tuesday. U.S. oil CLc1 fell 16 cents, or 0.3%, to $58.22 a barrel, having declined 0.3% the day before. “Market participants are already starting to fade this story – believing that this is a transitory outage,” said Helima Croft, global head of commodity strategy at RBC Capital Markets.
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