Commodity Capsule: Brent crude oil extends weakness for second straight day | Watch video
Brent crude futures hovering $76/barrel, while US WTI crude near $71.50/barrel
Oil prices fell on Wednesday as weak Chinese trade data spurred fears of slowing demand in the country
Oil prices reversed all gains made earlier this week on the back of supply cuts by the OPEC.
Brent crude futures hovering $76/barrel, while US WTI crude near $71.50/barrel
Signs of an unexpected build in gasoline, distillate inventories raised questions over improvement of fuel demand in United States.
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