Oil prices are falling. Data on oil and petroleum products in the USA

Oil prices resumed their decline after the publication of data on oil products in the US.

• According to published data, oil reserves increased by 3.019 million barrels over the past week, against the decline in the previous period at -1.616 million barrels.
• Distillate stocks fell by -0.96 million barrels, against the decline in the previous period at -2.422 million barrels.
• Gasoline stocks increased by 2.483 million barrels, exceeding growth in the previous period at 0.261 million barrels.

At the moment, WTI crude oil is traded at $ 62.51, losing about -0.79% in price.

Brent crude oil is traded at around $ 65.85, losing about -1.00% in price.

Alexander Sivtsov