Tuesday, 19 June 2018

Oil Prices Rise After 5-Day Fall, Brent Crude Oil Reclaims $75 Per Barrel

Oil prices rose in early Asian trading on Wednesday, supported by a drop in U.S. commercial crude inventories reported by the American Petroleum Institute (API). U.S. crude inventories fell by 3 million barrels in the week to June 15 to 430.6 million barrels, according to the weekly API report published on Tuesday. Brent crude futures, the international benchmark for oil prices, were at $75.30 per barrel, up 22 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $65.34 a barrel, up 27 cents, or 0.4 percent. For More Information Please Visit : www.paceresearchiondia.com and Call : 8817774774

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