Oil is under pressure. Data on oil reserves in the USA
Oil prices decline on the background of the publication of data on oil and petroleum products in the United States. According to published data, oil reserves fell by -4.948 million barrels against the previous decline of -7.419 million barrels. Distillate stocks rose by 4.254 million barrels, while analysts expected growth of 0.937 million barrels. Gasoline stocks increased by 4.135 million barrels, exceeding the forecast of analysts at 2.688 million barrels.
- At the moment, WTI crude oil is traded at $ 63.24, adding about + 0.44% to the price.
- Brent crude oil is traded around $ 68.93, adding about + 0.16% in price.
Alexander Sivtsov