Crude oil prices fell for the fifth session in six Wednesday amid concerns about rising U.S. inventories.
The American Petroleum Institute (API) reported last night that US crude oil inventory rose 6.3 million bbls, a much larger than expected build.
The Energy Information Administration is out with the government’s numbers Thursday morning.
December West Texas Intermediate crude oil finished $1.28, or 2.9%, lower at $42.93 a barrel — the lowest in more than two months.
The material has been provided by InstaForex Company – www.instaforex.com