Oil prices have strengthened growth following the publication of a decline in US inventories data
Oil prices have increased growth after the publication of the US Department of Energy data, reported a decline of oil reserves in the country at the end of the fifth week in a row.Price of December futures for Brent crude on London's ICE Futures exchange to 17:51 MSK rose by $ 1.10 (2.16%) to $ 51.97 per barrel. Previously, the price of Brent rose above $ 52 a barrel - the first time since June 10.
Price of November futures contract for WTI crude oil in the course of trading on the New York Mercantile Exchange (the NYMEX) rose by $ 1.12 (2.3%) - up to $ 49.81 per barrel.
According to the Department of Energy, US crude stocks last week decreased by 2.98 million barrels - up to 499.740 million barrels. Experts interviewed S P Global Platts, the average expected increase in inventory of 2 million barrels. The fall in US oil inventories indicated at the end of the fifth week in a row, their level fell below 500 million barrels for the first time since January.
Gasoline stocks in the country rose by 222 thousand barrels, distillates -. fell to 2.36 million barrels.
in US oil production fell for the week by 0.35% - up to 8.467 million barrels per day.
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