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[size=32]Oil falls as US inventories rise[/size]
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[rtl]Oil prices fell again in early trading on Thursday, under the pressure of US estimates, the rise in crude stocks in America, last week .[/rtl]
[rtl]US crude oil inventories rose by 8.8 million barrels in the week ending November 9 to 440.7 million barrels, the US Petroleum Institute said Wednesday .[/rtl]
[rtl]Later today, the official figures for crude stocks, released by the Energy Information Administration .[/rtl]
[rtl]The drop in oil, after the price trend turned up, on Wednesday evening, following information published by news agencies on the study, "OPEC" to cut production by 1.4 million barrels per day in 2019 .[/rtl]
[rtl]Brent crude for January delivery fell 0.23 percent, or 16 cents, to $ 65.95 a barrel .[/rtl]
[rtl]By 0.36 percent, or 20 cents, US crude for December delivery fell to $ 56.05 a barrel .[/rtl]
[rtl]The cut-off agreement between the two countries and independent producers ends next month. It began in January 2017, with production cuts of 1.8 million barrels per day and was cut in July to 1.2 million barrels per day[/rtl]
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