Cheaper oil due to the presence of reserves in the United States

Нефть дешевеет благодаря наличию запасов в США

The reference marks of oil on the world markets are showing a downward trend thanks to Rosa of inventory levels of raw materials in the United States.

Reports relevant information derived from the results of the auction held today. Including the cost of the March futures for North sea Brent Brentна London’s ICE Futures exchange at 09:30 Moscow time has decreased on 0,37 dollar (0,61%) – to 60.77 per barrel.

However, the price of oil WTI with delivery in March on the Internet-trading on the new York Mercantile exchange (NYMEX) fell by 0.31 per dollar (0,59%) – to 52.31 per barrel. The reason for reducing the cost of “black gold” are data from the American petroleum Institute (API) on the growth of commercial stocks of raw materials in the U.S. last week. Now the market expect official data on stockpiles from the US Department of energy, which will be published later on Thursday.

Earlier this week, oil prices fell significantly due to the IMF report on the forecast decline in global economic growth, which will adversely affect the demand for fuel. The price of Brent fell by almost 3% to $60,89 per barrel.