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العربية (ar)العربية
Oil inventories decline, and crude trims gains Thursday morning
image 11 February، 2021
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Crude prices are trading on declines this morning, Thursday, February 11th, with the opening of the European markets, where Brent crude is trading at levels of 61.14 dollars per barrel, declining by 0.55% after it concluded the trading session on Wednesday at 61.47%, up by 0.6%, while US crude (Nymex) is trading at levels of $ 58.35 a barrel, down by about 0.56 per cent, after gains of about 0.5 per cent recorded at the close of the session yesterday at levels of $ 58.68 per barrel. The US Energy Information Administration report issued on Wednesday showed an unexpected decline in US crude oil inventories by 6.6 million barrels to reach 469 million barrels in the past week ending on the fifth of February, compared to expectations of indications of a decline of about 2.7 million barrels, recording the lowest level since last March. . In the details, gasoline stocks rose by about 4.3 million barrels, while distillate stocks, which include heating fuels and diesel, decreased by 1.7 million barrels.

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