US inventories fall in oil prices

2023-06-27 22:01:41

Oil prices fell yesterday, ahead of data that will shed light on the extent of Americans’ appetite for fuel during the summer driving season, with the price structure of benchmark Brent crude indicating the decline of speculators in prices. Brent crude futures fell 41 cents, or 0.6%, to $73.77 a barrel, and US West Texas Intermediate crude futures fell 42 cents, or 0.6%, to $68.95 a barrel. A Archyde.com poll indicated that US inventories may have declined in the week ending June 23.

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