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Oil rose in price on signals of reduction of fuel supply in US

19.04.2018 10:00:07

During trading on Wednesday, oil prices rose on signals of a reduction in US fuel supply. The American Petroleum Institute reported that last week US oil inventories fell by 1 million 50 thousand barrels. The reserves of gasoline fell by 2 million 473 thousand barrels, distillates - by 854 thousand barrels. June futures for Brent crude by 14:38 Moscow time went up by 77 cents to 72 dollars 35 cents a barrel. Prices for May WTI futures rose 86 cents to 67 dollars 38 cents per barrel. Market participants expect that at the meeting on April 20, OPEC and partner countries will discuss the issue of extending the agreement on limitation of oil production.

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