Oil falls as high stocks outweigh talk of output freeze

01 September 2016, London — Oil prices fell on Thursday after a rise in U.S. crude inventories focused attention on a supply glut that has pushed stockpiles to record highs around the world. U.S. crude oil stocks increased by 2.3 million barrels to 525.9 million barrels in the week to Aug. 26, data from the […] More »