Oil Declines amid Increasing U.S. Stockpiles
Oil retreated in energy commodities, falling below $39 a barrel. An industry report denoted a bigger-than-expected increase in U.S. crude stockpiles. Supply disruptions were offset from Tropical Storm Zeta. In commodity news last week, the American Petroleum Institute reported crude inventories expanded by 4.58 million barrels. Gasoline stockpiles rose for a second straight week. Moreover, …