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Oil prices are recorded at $ 61.08 for Brent and $ 58.28 for US crude

Oil prices recorded today, 61.08 dollars a barrel, for Brent crude, while the prices of US West Texas Intermediate crude were 58.28 dollars a barrel.


Oil prices witnessed a decline today, which threatens to end the longest rise in two years, while investors ignored data for the sector showing a decrease in US crude oil inventories, which reinforced optimism about an expected increase in global demand for fuel, according to Reuters.


Data from the American Petroleum Institute showed that crude oil inventories in the United States recorded an unexpected drop last week, and crude inventories fell by 3.5 million barrels in the week ending on February 5 to about 474.1 million barrels, while analysts polled by Reuters had expected an increase of 985 thousand barrels. .


Gasoline stocks rose by 4.8 million barrels, exceeding analysts 'expectations, which were indicating an increase of 1.8 million barrels. Distillate stocks, which include diesel and heating oil, decreased by 487 thousand barrels compared to expectations for a decline of 790 thousand barrels. The Petroleum Institute said that the United States' imports of oil Crude last week increased by 102 thousand barrels per day.

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