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[size=36]The decline in oil prices due to the increase in US inventories[/size]
Economie| 08:51 - 03/18/2021
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Follow-up - Mawazine News
Oil prices recorded, on Thursday, a decline for the fifth consecutive day, after official data showed a continuous rise in inventories of crude oil and fuel in the United States.
Brent crude fell 38 cents, or 0.56 percent, to $ 67.62 a barrel.
US oil was also down 33 cents, or 0.51%, to $ 64.27 a barrel.
On Wednesday, government data showed, US crude stocks rose for four consecutive weeks after refineries in the south were forced to close due to the bitter cold weather.
US crude inventories increased by 2.4 million barrels last week, and an industry report released on Tuesday estimated a decrease of 1 million barrels. Ended 29 / p4
Oil prices recorded, on Thursday, a decline for the fifth consecutive day, after official data showed a continuous rise in inventories of crude oil and fuel in the United States.
Brent crude fell 38 cents, or 0.56 percent, to $ 67.62 a barrel.
US oil was also down 33 cents, or 0.51%, to $ 64.27 a barrel.
On Wednesday, government data showed, US crude stocks rose for four consecutive weeks after refineries in the south were forced to close due to the bitter cold weather.
US crude inventories increased by 2.4 million barrels last week, and an industry report released on Tuesday estimated a decrease of 1 million barrels. Ended 29 / p4
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