May 6, 2020 Meet the Middle East

Oil dives more than 5%, below $30 a barrel as glut grows

Oil dropped more than 5%, falling below $30 a barrel on Wednesday as U.S. crude inventories ticked up and gasoline demand remained below normal seasonal levels, offsetting hopes for a recovery in demand as some countries ease coronavirus lockdowns..
Source: Albawaba
Full Article: Oil dives more than 5%, below a barrel as glut grows