Futures price for Brent crude oil delivery in September 2016 on the ICE exchange in London fell compared to the previous closing level of by 2.18% – to 42.99 dollars per barrel. Thus, oil prices fell below 43 dollars a barrel for the first time since 20 April.
Reduced oil continues against the backdrop of US Department of Energy data that show a increase in commercial oil reserves in the country. In particular from 15 to 22 July they rose by 3.2%, or 1.64 million barrels to 521.1 million barrels. At the same time, analysts had expected a decline of stocks by 2.26 million barrels, shows the Bloomberg survey.
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