Brent Dips Below $30 Ahead of Expected Inventory Builds

摘要

Oil futures plunged on Tuesday as traders in the US looked ahead to inventory data amid continued demand collapse. In London, Brent crude for June delivery broke below the $30 mark, settling down $2.14 at $29.60 per barrel. In New York, May West Texas Intermediate (WTI) on Nymex dropped $2.30 to $20.11/bbl, while the June contract ended the session $1.86 lower at $27.40/bbl.