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Oil prices slip over rise in US refined product stockpiles
July 18, 2019
Source: Reuters

Oil prices slip over rise in US refined product stockpiles

Oil prices dropped in the international market on Thursday over a strong build in the US refined product stockpiles. Brent crude LCOc1 futures rose 0.2%, to $63.51 a barrel. US West Texas Intermediate crude CLc1 futures dipped 0.5%, to $56.52. While EIA data showed a drop of 3.1 million barrels in the US crude inventories, the gasoline and distillate stockpiles rose 3.6 million barrels and 5.7 million barrels respectively.

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