Data on oil reserves in the USA

Oil prices fell after some recovery during the European session. Pressure on oil quotes renders the growth of stocks of raw materials in the United States.

• According to the data, oil reserves for the past week increased by 6.776 million barrels, against the decline in the previous period at -1.071 million barrels.
• In turn, gasoline stocks decreased by -1.98 million barrels, against the growth in the previous period at the level of 3.098 million barrels.
• The reserves of distillates decreased by -1.94 million barrels, compared to the previous growth of 0.639 million barrels, which was supported by the reduction of oil quotations.

At the moment, WTI crude oil is traded at $ 64.31, losing about -0.29% in price.

Brent crude oil is traded at around $ 68.41, losing about -0.16% in price.

Alexander Sivtsov