The stock market day: Oil prices hardly move in front of US inventory data

Crude oil wti 41.24

The Oil prices have initially little moved. In the morning it cost a barrel (159 liters) of the North Sea variety Brent $ 43.25. That was three cents more than the previous day. The price of a barrel of the American variety West Texas Intermediate (WTI) stood out at six cents $ 40.98.

New data on the oil reserves in the US could not move oil prices more strongly for the time being. The previous evening it had become known that the interest group American Petroleum Institute (API) had seen a 6.83 million barrel decline in crude oil stocks last week. According to market observers, investors are waiting for the US government's official inventory data scheduled for the afternoon.

. (tagsToTranslate) The (t) stock market day (t) oil prices (t) US inventory data