scorecardresearchOil Slumps in Summer Trading as Market Weighs US Fuel Demand

Oil Slumps in Summer Trading as Market Weighs US Fuel Demand

Updated: 21 Jul 2022, 02:23 PM IST
TL;DR.
Oil slid as investors assessed signs of lackluster US gasoline demand.
FILE PHOTO: Excess natural gas is burnt, or flared, from Mexican state-owned Pemex's Tula oil refinery, in Tula de Allende, north of Mexico City, Mexico June 22, 2020. REUTERS/Henry Romero/File Photo

FILE PHOTO: Excess natural gas is burnt, or flared, from Mexican state-owned Pemex's Tula oil refinery, in Tula de Allende, north of Mexico City, Mexico June 22, 2020. REUTERS/Henry Romero/File Photo