US oil reserves fell by 5.2 million barrels in a week

At the same time, analysts expected a reduction in inventories by 3.5 million barrels.

Commercial oil reserves in the United States over the past week decreased by 5.241 million barrels and as of June 4 amounted to 474.029 million barrels, the US Department of Energy reported.

At the same time, analysts polled by Bloomberg expected a reduction in inventories by 3.5 million barrels.

Today, August Brent crude futures on the London ICE exchange rose by 0.4%, to $72.51 per barrel, WTI crude oil rose by 0.17%, to $70.17 per barrel.

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Author: Steve Cowan
Graduated From Princeton University. He has been at the Free Press since October 2014. Previously worked as a regional entertainment editor.
Function: Chief-Editor

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