Oil slips further on Europe demand concerns, US stock build

NEW YORK: Oil NSE 0.15 % slipped for a fourth day on Wednesday weighed by concerns about weaker demand in Europe and rising US crude inventories.

Several European countries have paused the use of AstraZeneca’s COVID-19 vaccine on worries over possible side effects. Germany is seeing rising coronavirus cases, Italy is imposing a nationwide Easter lockdown and France plans to impose tougher curbs.