Oil prices slump after large increase in U.S. stocks

17 October 2018, News Wires — Oil prices fell on Wednesday, with U.S. futures slipping below $70 a barrel for the first time in a month, after U.S. stockpiles rose by 6.5 million barrels, almost triple what analysts had forecast, while exports dropped. U.S. light crude oil fell to $69.96 a barrel as of 10:54 … More »