Thursday, January 18, 2018

Oil prices are down data on the growth in US stocks

Oil prices are down data on the growth in US stocks

Oil is cheaper after the publication of the US Department of Energy data indicated in the first six weeks of the increase in oil reserves in the country, according to MarketWatch.

According to the Department of Energy, US crude stocks over the past week rose to 4.85 million barrels - up to 473.958 million barrels. Experts interviewed by the newspaper The Wall Street Journal, on average, had forecast an increase in stocks of 900 thousand. Barrels.

Gasoline inventories in the United States, meanwhile, fell last week by 1.9 million barrels, distillates - fell by 3.75 million barrels.

in US oil production decreased last week, slightly - to 8.45 million barrels per day (b / d) from 8.467 million b / d the previous week.

The price of December futures for Brent crude on London's ICE Futures exchange to 18:20 MSK fell $ 0.4 (0.77%) to $ 51.41 per barrel. Immediately after the publication of Energy Brent drop was more significant data, it fell below $ 51 per barrel.

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