scorecardresearchOil Drops Below $100 as Traders Assess Weak US Gasoline Demand

Oil Drops Below $100 as Traders Assess Weak US Gasoline Demand

Updated: 21 Jul 2022, 08:10 AM IST
TL;DR.
Oil slipped back below $100 a barrel as investors assessed signs of lackluster US gasoline demand and expanding stockpiles.
FILE PHOTO: NuStar Energy guests tour the newly expanded crude dock at the Port of Corpus Christi, Texas, April 10, 2014. In the foreground, a seagoing barge is moored while being loaded with crude oil from the Eagle Ford Shale formation.  REUTERS/Darren Abate/File Photo

FILE PHOTO: NuStar Energy guests tour the newly expanded crude dock at the Port of Corpus Christi, Texas, April 10, 2014. In the foreground, a seagoing barge is moored while being loaded with crude oil from the Eagle Ford Shale formation. REUTERS/Darren Abate/File Photo