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Oil prices ease down over US crude supplies
July 4, 2019
Source: Reuters

Oil prices ease down over US crude supplies

Oil prices eased down in the international market on Thursday, worried by smaller-than-expected decline in US crude stockpiles. Benchmark Brent crude futures LCOc1 dropped 0.4%, to $63.60 per barrel. US WTI crude futures CLc1 were priced 0.3% lower, at $57.18 per barrel. EIA data released on Wednesday showed a decline of 1.1 million barrels last week, denying analysts’ expectations of a 3-million-barrel drop.

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