Oil prices fell in early exchanging today contributing to substantial declines overnight, after a build in U.S. gasoline inventories led to a deteriorating forecast for fuel request, while coronavirus cases continue to rise in North America and Europe. Brent crude futures reversed 22 cents, to $41.51 a barrel following pushing down 3.3% yesterday. U.S. West Texas Intermediate (WTI) crude futures dropped 26 cents, to $39.77 a barrel, after sliding 4% yesterday.
Dow futures lost 200 points
Daily Analysis - 22/10/2020