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Increase US oil inventories fall
10/16/15
Administration said that gasoline stocks fell 2.6 million barrels contributed to the reduction of pressure on crude prices.
BAGHDAD / Obelisk: Crude oil prices fell for a fourth straight day Thursday, due to expectations of an increase of US crude inventories.
It fell US crude for November delivery up 26 cents or 0.6 percent at the settlement to $ 46.38 a barrel. The crude had fallen to $ 1.41 during the session or two percent.
Brent crude fell for the month of November 44 when the settlement cents to $ 48.71 and ended for trading.
It rose the most active contract traded Brent crude for December delivery four cents to $ 49.73 a barrel.
US Energy Information Administration announced that crude stocks rose 7.6 million barrels by the end of last week.
The Department also said that gasoline stocks fell 2.6 million barrels contributed to the reduction of pressure on crude prices.
The Reuters poll of analysts showed expectations that the views of the stock more than 2.9 million barrels on average.
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10/16/15
Administration said that gasoline stocks fell 2.6 million barrels contributed to the reduction of pressure on crude prices.
BAGHDAD / Obelisk: Crude oil prices fell for a fourth straight day Thursday, due to expectations of an increase of US crude inventories.
It fell US crude for November delivery up 26 cents or 0.6 percent at the settlement to $ 46.38 a barrel. The crude had fallen to $ 1.41 during the session or two percent.
Brent crude fell for the month of November 44 when the settlement cents to $ 48.71 and ended for trading.
It rose the most active contract traded Brent crude for December delivery four cents to $ 49.73 a barrel.
US Energy Information Administration announced that crude stocks rose 7.6 million barrels by the end of last week.
The Department also said that gasoline stocks fell 2.6 million barrels contributed to the reduction of pressure on crude prices.
The Reuters poll of analysts showed expectations that the views of the stock more than 2.9 million barrels on average.
[You must be registered and logged in to see this link.]
