The world price of oil during trading on Thursday went down, continuing to play a weak reduction in reserves of energy commodities in the United States at the end of last week.
As at 07.34 Moscow time the cost of the August futures for North sea petroleum mix of mark Brent has decreased on 0,84% – to 48.56 per barrel. The cost of July futures for WTI were down 1% to 47.53 per barrel, reports RIA “Novosti”.
Commercial oil stocks in the United States (excluding strategic reserves) for the week ended June 10, down 0.9 million barrels, or 0.2% to 531,5 million barrels. The experts were expecting a larger decline of the indicator is at 2.26 million barrels to 530,24 million barrels. Oil production in the U.S. for the week also declined by 0.33%, or 29 thousand barrels per day – up to 8,716 million barrels per day.
The oil reserves in the country’s largest terminal Cushing (Cushing) has increased by 0.9 million barrels – up to 66.5 million barrels. Gasoline inventories in the U.S. fell by 2.6 million barrels, or 1.1% to 237 million barrels. Analysts had expected to fall by 0,243 million barrels. Distillate stocks rose 0.8 million barrels, or 0.5%, to 152,2 million barrels. Analysts, however, predicted a decrease in 0.249 V. million barrels.
“Although the prospects for the global data of oil remain good, a small increase of oil extraction and production of petroleum products is expected in the second half of this year; the current mood in the oil markets is risk aversion,” – said the newspaper The Wall Street Journal, analysts at Societe Generale.
