Oil prices rose on the data on stocks in the United States

Цены на нефть выросли на данных о запасах в США

Oil production in the U.S. last week fell by 100 thousand barrels per day to 12 million b/d. the Decline was the first since December last year.

World oil prices reference marks grow on the reduction of inventory in the United States. This according to the auction on Wednesday evening, March 13.

For example, the may Brent crude on London exchange ICE Futures to 22:30 on Kiev went up by $of 1.03 (1.54 percent) to $67,70 per barrel.

The price of futures for WTI for April on the electronic session on the new York Mercantile exchange (NYMEX) rose to $1,57 (2,76%) – to $of 58.44 per barrel.

Earlier Wednesday, the US Department of energy reported that commercial oil reserves in the country last week decreased by 3.86 million barrels. The analysts of the market expected increase of 3.3 million barrels.

Also gasoline inventories last week fell by 4.62 million barrels instead of the expected reduction by 3 million barrels. Distillate stocks increased by 383 thousand barrels.

Stocks at the terminal in Cushing where NYMEX-traded oil fell by 672 thousand barrels.

Oil production in the U.S. last week fell by 100 thousand barrels per day to 12 million b/d. a Decrease was registered for the first time since December last year.

Earlier this week, oil prices grew on the statements of the Minister of energy of Saudi Arabia Khalid al-falikha on a low probability of changes in the terms of OPEC+ at the upcoming meeting in April.

According to the February report of the OPEC, Saudi Arabia has reduced oil production in January on a monthly basis to 401 thousand barrels per day, to 10,243 million barrels per day.

News from the Reporter.net Telegram. Subscribe to our channel https://t.me/korrespondentnet

Fluctuations in oil prices

In Venezuela fell sharply oil production due to blackouts

Japan resumed purchasing oil from Iran

Trump told “the bad news for Russia,” oil

Qatar out of OPEC

Trump called the chic a decline in oil prices
Source