Oil – December 22nd 2016 07:15 (GMT+1)

Group of black oil barrels

The price of the oil closed with a decrease of 1.5% to the price of 52.5 US dollars per barrel.
The decline came at the background publication that store crude oil rose by 1.5 million barrels, while the expectation was of a drop of 2.5 million barrels.
The change in inventories is having an impact on oil prices in the short term when it points to the momentum of the US supply and demand of the black liquid.


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