Moscow. October 21. Oil prices continue to fall in price on Wednesday on data about more than expected, growth of stocks of fuel in the USA by the end of last week, reported Bloomberg.
December futures for Brent crude on London’s ICE Futures exchange to 17:38 Moscow time has fallen in price by $0.78 or (1,60%) – to $47,93 per barrel.
Quotes of WTI oil futures for December trading on the new York Mercantile exchange (NYMEX) to a specified time fell by $1,04 (2,25%) to $45,25 per barrel.
According to the U.S. Department of energy, the oil reserves in the U.S. last week jumped 8,03 million barrels. Analysts polled by Bloomberg, expected growth at 3.75 million barrels. The reserves for the first time since April grew for the fourth consecutive week.
However distillate inventories last week decreased to 2,62 million barrels, gasoline – by 1.52 million barrels.
Workload refineries in the country increased from 86% to 86.4%.