Oil prices edge lower after surprise build in U.S. crude, gasoline stockpiles

Oil prices edge lower after surprise build in U.S. crude, gasoline stockpiles

Oil prices slipped in early trade on Wednesday after industry data showed a surprise build in U.S. crude stocks, while investors awaited U.S. inflation data for April that could give direction for the Federal Reserve‘s next rate decision. Brent crude dropped 16 cents to $77.28 a barrel at 0008 GMT, while U.S. West Texas Intermediate … Read more