Oil is in uncertainty
Oil prices are in some uncertainty amid mixed data on oil and petroleum products in the US. According to published data, oil reserves fell by -3.429 million barrels, against the decline in the previous period at -1.855 million barrels. Gasoline reserves increased by 3.627 million barrels, exceeding the previous growth of 0.044 million barrels. Distillate stocks increased by 2.747 million barrels, exceeding the previous growth of 0.269 million barrels.
- At the moment, WTI crude oil is trading at $ 57.87, losing about -0.21% in price.
- Brent crude oil is trading at $ 63.14, losing about -0.15% in price.
Also, see Technical Analysis of Oil
Alexander Sivtsov