![Oil falls as U.S. crude stocks rise, but losses are limited by supply concerns](https://market-tracker.in/wp-content/uploads/2022/10/focuseconomics-wti-crude-oil-price-forecast-1.jpg)
Oil falls as U.S. crude stocks rise, but losses are limited by supply concerns
Oil prices decreased on Wednesday as reports from the industry revealed that U.S. oil stockpiles increased more than anticipated, but losses were restrained by supply concerns. After closing 26 cents higher the day before, December Brent crude futures were down 72 cents, or 0.8%, at $92.80 a barrel. West Texas Intermediate (WTI) crude for the…