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Oil prices dip over rise in US crude inventories
Sept. 5, 2019
Source: Reuters

Oil prices dip over rise in US crude inventories

Oil prices dropped in the international market on Thursday, after data showed a surprise jump in the US crude inventories. International Benchmark Brent crude dipped 0.3%, to $60.52 a barrel. US WTI was priced 0.4% lower, at $56.03 a barrel. API data released yesterday showed a rise of 401,000 barrels in the US crude inventories to 429.1 million, upsetting analysts’ estimation of 2.5 million barrels decline.

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