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Oil prices fell on Wednesday after industry data showed that US crude inventories rose unexpectedly, with the new month starting to fall after suffering the biggest monthly loss in two years in July. October's Brent crude oil price rose 30 cents, or 0.4%, to $ 73.91 per barrel at 3:25 GMT, pushing losses up 1.8% in the previous session.
American WTI was 37 cents, or 0.5 percent, at $ 68.39 a barrel, after falling by about two percent (19659004) and Brent
The US Petroleum Institute has increased 5.6 million barrels of Crude oil stocks in the United States last week, while a Reuters poll forecast a drop of 2.8 million barrels.
The US Energy Information Administration should release its inventory data Today
Traders have indicated signs of a possible solution to the temporary disruption of oil shipments to across the strait of "Bab al-Mandab" at the entrance to the Southern Red Sea had an impact on prices throughout the session.
A Reuters poll showed that oil prices are expected to remain largely stable this year and next year as the Organization of Petroleum Exporting Countries (OPEC). To production in response to growing demand from Asia and help to offset the disruption of supplies.
OPEC is committed to offsetting the supply disruptions of Iran, the third largest producer in the Organization. OPEC production in July reached its highest level in 2018.
Impending US sanctions have already begun to limit Iranian exports, as buyers of its largest Asian customers have reduced their imports to their lowest levels. low level in June. 19659011]
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