By Adedapo Adesanya The oil market slid by 3 per cent on Wednesday, pressured by a rise in US inventories, weaker economic data from China, and US progress on Ukraine and Israel aid bills. As a result, Brent futures came down by $2.73 or 3 per cent to $87.29 a barrel, and the US crude futures deflated by $2.67 or 3.1 per cent to $82.69 a barrel. Oil prices have softened this week as economic headwinds curb gains from geopolitical tensions, with markets eying how Israel might respond to Iran’s weekend attack. Analysts do not expect Iran’s unprecedented missile and
Oil Market Dips on High Stockpiles, Weaker Economic Data
