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International benchmarks for crude oil tumbled another 2% on Thursday, 20 April 2023 after data showed that unemployment claims in the US rose moderately last week, which indicated a slowing labour market. Investors downplayed the 1.3 million build-ups in US gasoline stocks in the previous session, but the latest employment data stirred up a fresh wave of concerns over the demand outlook.

Brent dipped $2.02 or 2.4% to close at $81.10/barrel.

WTI settled $1.87 lower or 2.4% at $77.29/barrel.