Oil prices fell about three per cent to a 10-month low in heavy trading today, as nagging fears about the global crude glut fed a sell-off that was interrupted only briefly after news of a larger-than-expected drop in U.S. inventories.
U.S. crude futures touched a low of $42.13, the lowest intraday level since August 2016.
They were at $42.36 down 2.6 per cent.
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