💨 Abstract

Oil prices fell more than 1% on Wednesday, reversing a three-day gain, due to a larger-than-expected build in U.S. crude stockpiles and hawkish remarks from the Federal Reserve chair. Brent and WTI crude futures dropped by over $1 during the session, with Brent down 1.25% and WTI down 1.43%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖