Oil regained positions. Data on oil reserves in the USA

Oil prices moved to growth after the publication of data on oil reserves in the United States.

• According to published data, oil reserves for the past week increased by 1.841 million barrels, which is lower than the growth in the previous period at 1.895 million barrels.
• Oil reserves in Cushing fell by -3.642 million barrels, exceeding the decline in the previous period at the level of -0.711 million barrels.
• The stocks of distillates decreased by -0.459 million barrels, against the growth in the previous period at 3.926 million barrels.
• In turn, gasoline stocks increased by 3.599 million barrels, exceeding the previous growth of 3.414 million barrels.

At the moment, WTI crude oil is traded at $ 59.67, adding about + 0.79% to the price.

Brent crude oil is traded at around $ 63.12, adding about + 0.64% to the price.

Alexander Sivtsov