Thus, Brent oil falls 3.4% to US$97.17, while WTI loses 3.6% to US$90.95.
US commercial oil stocks rose last week to the surprise of analysts who expected a slight drop, according to Wednesday data from the Energy Information Agency (EIA).
In the week closed last Friday, the country accumulated 426.6 million barrels4.5 million barrels more than seven days before. Analysts had expected reserves to fall by 1.5 million barrels.
Oil prices fell earlier in the week as weak manufacturing data from China and Japan weighed on the demand outlook, as investors braced for this week’s meeting of OPEC officials and other major producers. of crude on the adjustments to the offer.
Source: Ambito
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