Oil prices fell on Wednesday after a report showed an increase in U.S. crude inventories while tariff concerns weighed on sentiment, erasing three-day price gains driven by rising tensions in the Middle East and tightening sanctions.
Brent crude futures fell 36 cents, or 0.47 percent, to $76.64 a barrel, while U.S. West Texas Intermediate crude futures fell 37 cents, or 0.5 percent, to $72.95 a barrel.
The decline ended a three-day winning streak that saw Brent crude rise 3.6 percent and U.S. crude rise 3.7 percent.
Source (Al-Arabiya.net Website, Edited)
