A man walks past “Amic” fuel stations displaying prices of 0.77 USD and 0.81 USD per litre of basic unleaded petrol during falling global oil price in Kiev, Ukraine, February 5, 2016. REUTERS NEW YORK: Oil prices fell 3 percent on Tuesday, ending six days of gains for benchmark Brent crude, as Goldman Sachs suggested the rally was unsustainable and industry data showed US stockpiles reached record highs again last week. Differing views on a plan to limit oil output also pressured prices. Kuwait, producing 3 million barrels per day (bpd), said it will freeze output only if all major …read more
Source: The Himalayan Times
