World oil prices on Wednesday showed a decrease after the data about growth of stocks of raw materials, which published the American petroleum Institute (API).
As at 07.09 MSK cost of the October futures for North sea petroleum mix of mark Brent has decreased on 0,02% – to 44.97 per barrel, the price of the September futures for WTI decreased by 0.14% to 42.71 USD per barrel, reports RIA “Novosti”.
By estimations API, stocks rose for the week ended August 5, 2.1 million barrels. While analysts polled by Reuters, on the contrary, expected reduction of stocks of 1 million barrels.
Some traders are preparing for publication data US Department of energy, which will be released later on Wednesday. According to analysts commercial oil stocks in the United States (excluding strategic reserves) for the week decreased by 1,025 million barrels, or 0.2% to 521,475 million barrels.
Gasoline inventories in the United States, according to experts, decreased by 1,063 million barrels, or 0.45% to 237,137 million barrels. Waiting for official data of U.S. Department of energy constrains the price of oil from falling even further.