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Fall in fuel stocks in the United States: Oil prices rise by around 1%

06/01/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Le vendredi 06 janvier 2023, les prix du pétrole ont augmenté d' environ 1% . They are thus plunging the gains from the previous trading session after data showed a fall in fuel stocks following a winter storm that hit the United States at the end of the year.

Après avoir réglé 85 cents à 78,69$ jeudi , the Brent crude oil futures contracts have win& Eacute; 79 cents, or 1%, to $79.48 per barrel at 0203 GMT. West Texas Intermediate crude oil futures also rose 80 cents, or 1.1%, to $74.47 per barrel. In the previous session, they were set at 83 cents more at $73.67. Stocks of distillates, which include diesel and heating oil, fell more than expected during the week of December 30, according to data released Thursday by the U.S. Energy Information Administration (EIA). They fell by 1.4 million barrels, while forecasts predicted a fall of 396,000 barrels.

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