Latest Breaking News On - முன்னோடி இயற்கை வளங்கள் - Page 8 : comparemela.com

Provided by Dow Jones Aug 4, 2021 8:41 PM UTC Shares of energy companies fell alongside oil futures after a surprising rebound in U.S. stockpiles suggested the summer surge in demand may be easing. Oil futures slipped below $70 a barrel for the first time in two weeks after the Energy Information Administration said U.S. crude inventories rose by 3.6 million barrels in the week ended July 30. The oil rally has wavered in recent weeks amid fears that the Delta variant will slow economic reopening. These worries may be overdone as reopening trends look set to hold, supporting oil prices, said strategists at money manager UBS Global Wealth Management, in a note to clients.

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