Oil Drops on Druzhba Pipeline News and US Inflation Expectations

Oil Drops on Druzhba Pipeline News and US Inflation Expectations
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Okla., on April 21, 2020. Drone Base/Reuters
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LONDON—Oil prices fell on Wednesday on expectations that Druzhba pipeline flows will resume shortly and demand concerns ahead of publication of key demand indicators.

Brent crude futures were down $1.69, or 1.75 percent, to $94.62 a barrel at 1124 GMT.