Oil price news: Oil dips in range with U.S. inflation and inventories in focus

Oil price news: Oil dips in range with U.S. inflation and inventories in focus

15h ago Oil price news: Oil dips in range with U.S. inflation and inventories in focus Bloomberg News, Bearish concerns for oil include softness in diesel demand: Helima Croft Oil edged lower but remained within a tight range as traders weighed shrinking U.S. stockpiles and the outlook for inflation in the world’s biggest economy. Benchmark Brent slid toward US$82 a barrel after climbing 0.5 per cent on Wednesday, but has been firmly wedged between $81 and $85 so far this …