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In the United States, crude oil inventories rose unexpectedly last week and rose 3.7 million barrels during the week ending August 9th to 443 million barrels, while it was expected a decline of 2.8 million barrels.
Oil prices fell on Wednesday (August 14th) due to disappointing economic data from China and rising inventories of crude oil in the United States, wiping out some of the significant gains recorded in the previous session in the face of the signs of oil. The easing of trade tensions between China and the United States.
Brent fell 64 cents, or 1%, to $ 60.66 a barrel, after rising 4.7% on Tuesday, the highest percentage since December, and the price of US oil dropped 75 cents, or 1.3%, at $ 56.35 a barrel, after rising 4% in the previous session, the highest for more than a month.
Gasoline inventories rose 3.7 million barrels, which is higher than forecast for an increase of 910,000 barrels, according to data from the Petroleum Institute.
The Institute of Petroleum said US crude imports rose 640,000 barrels a day to 7.7 million barrels last week.
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