Oil Slips on US Stockpile Build, Saudi Arabia Price Cuts

Singapore June 5 2025: Oil edged lower on Thursday after a build in U.S. gasoline and diesel inventories and cuts to Saudi Arabia’s July prices for Asian crude buyers, with global economic uncertainty weighing on prices as well. Brent crude futures fell 1 cent to $64.85 a barrel at 0630 GMT. U.S. West Texas Intermediate […]

The post Oil Slips on US Stockpile Build, Saudi Arabia Price Cuts appeared first on AUGAF.