Crude prices are recording declines in the middle of the Euro trading session for today, Wednesday, July 20th, amid anticipation in the markets for the US inventory statement issued by the US Energy Information Administration after less than three hours, as Brent crude loses about 1.70%, trading at levels of $105.53 per barrel, while US crude is trading ( NYMEX) at levels of $102.21 a barrel, down by 1.93%.

The report of the American Petroleum Institute showed in the preliminary reading of stocks, issued on Tuesday, that US stocks rose last week, ending on July 15, by 1.9 million barrels. In details, gasoline stocks rose by 1.3 million barrels, while distillate stocks, which include heating and diesel fuels, fell by 2.2 million barrels.

It is estimated that today’s official stocks will rise last week by about 2 million barrels.