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Oil is cheaper, despite a decline in commercial stocks in the US

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Oil is cheaper, despite a decline in commercial stocks in the US

Post by Admin on Wed Jul 15, 2015 10:31 pm

World oil prices continue to fall, despite the decline in commercial stocks of fuel in the United States. This is according to trading on the London and New York stock exchanges.

In particular, as of 22.00 cost of the August futures for Brent crude fell by 2.07% to $ 57.30 per barrel.

By this time, the price of August futures for WTI crude oil fell by 2.39% to $ 51.77 per barrel.

Earlier it was reported that commercial crude oil inventories in the United States without strategic reserve for the past week decreased by 0.9% (4.35 million barrels) and amounted to 461.4 million barrels.

glavcom.ua: In Russian


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