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Oil prices are still rising by nearly 2% over the day, although crude oil stocks in the US rose more than expected last week – Finance News



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Oil priceOn Wednesday (February 13th), the intraday price rose by nearly 2%, although crude oil stocks in the US rose more than expected last week, but the dollar restraint is still curbing oil price rises. WTI crude oil futures prices reached $ 54.60 / barrel and Brent crude oil futures reached a peak of $ 63.98 / barrel.American energyAccording to the latest data from the EIA, crude oil reserves in the US increased by 3.63 million barrels last week, exceeding market expectations of 2.668 million barrels.

According to the latest data from the United States Agency for Energy Information (EIA), US crude oil stocks increased by 3,633 million barrels last week, exceeding market expectations of 2,668 million barrels.

The IEA expects global crude oil demand to remain unchanged at 1.4 million barrels per day in 2019, while crude oil supplies outside OPEC are expected to grow by 1.8 million barrels per day compared to previous estimates of 1.6 million barrels daily.

According to Huixin's latest data, US WTI's crude oil futures price is reported at US $ 54.05 / barrel. Crude oil futures Brent reported $ 63.50 a barrel.

(Article Source: fx168)


(Editor: DF380)


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