Oil prices fell to the lowest in a month on inventories data in the United States

Moscow. June 7. INTERFAX.RU Oil reference marks are dramatically cheaper on Wednesday, the quotations fell to lows since early may, on the data about unexpected growth of stocks of fuel of all types in the United States at the end of last week.

The cost of the August futures for Brent crude on the London ICE Futures exchange to 17:37 Moscow time fell by $1,84 to $of 48.28 per barrel. Futures price for WTI crude oil for July in trading on the new York Mercantile exchange (NYMEX) decreased by this time $2,06 to $of 46.13 per barrel.

As stated in the U.S. Department of energy, last week the oil reserves jumped by 3.3 million barrels. The growth is recorded for the first time in 9 weeks, experts had expected a decline of 3.5 million barrels. Inventories of gasoline in the country increased by 3.32 million barrels, distillates – by 4.35 million barrels.

Workload refineries in the country fell by 0.9 percentage points instead of the expected decline of 0.2%, and oil production in the United States decreased by 24 thousand barrels per day.