BANGKOK (AP) — Oil hovered below $94 a barrel Wednesday ahead of a report expected to show another increase in U.S. crude stockpiles.
Benchmark U.S. crude for December delivery was up 42 cents at $93.78 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract slid $1.25 to $93.37 on Tuesday, adding to a month-long slide.
Crude is down about 10% since closing at $104.10 on October 2.
U.S. crude stockpiles have increased in each of the ...
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