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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThis Wednesday, oil prices fell. One
sector report reports higher crude inventories in the United States,
the world's largest consumer of crude oil, reinforcing fears of
overproduction, even if the sanctions imposed on Russian oil flows have
limited the fall in prices.
The price of Brent crude oil fell by 11 cents,
or 0.2%, at 64.78 dollars per barrel at 5 h
10 GMT, by è s
have won é Style”, serif">
1.1% when é ance
by é c é dent.
West Texas Crude Oil Futures
American intermediate were down 9 cents, or 0.2%, to 60.65
dollars per barrel, after rising 1.4% on Tuesday.
American crude oil and gas stocks
Fuels increased last week, sources said Tuesday evening
market, citing figures from the American Petroleum Institute.
Crude oil inventories increased by 4.45
million barrels during the week ending November 14, while
that gasoline inventories increased by 1.55 million barrels and inventories
of 577,000 barrel distillates, the API reported, according to the sources.
Prices rose on Tuesday, investors
taking into account the impact of American sanctions and attacks
Ukrainian companies against Russian refineries and export terminals having
heightened fears of disruptions in crude oil supplies and
in fuel.
Broker analysts Chinese Haitong Futures noted that “oil prices were supported by the dynamic diesel market, but the persistent overabundance of the supply of Crude oil encourages investors to be cautious about the continuation of further increases in the price of crude oil.”
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