Energy Down On Risk Aversion, Inventory Data -- Energy Roundup
Shares of oil and gas companies fell alongside oil futures as the trends that made February one of the most volatile months for commodities and stocks since the 2016 presidential election resurfaced.
Oil futures fell because of the risk aversion sweeping global markets, but also because of fears of over-production in the U.S. U.S. crude-oil inventories grew by 3 million barrels last week, and gasoline increased by 2.5 million barrels, according to the U.S. Energy Information Administration.
--Rob Curran, email@example.com
(END) Dow Jones Newswires
February 28, 2018 16:22 ET (21:22 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.