Today, Thursday, crude stocks decreased as US refineries increased processing operations, and gasoline stocks decreased, indicating an increase in demand, causing oil prices to rise “slightly.”
Brent crude futures increased 0.4% to $ 85.43 per barrel by 35 cents. The price of a barrel of US West Texas Intermediate crude increased by 36 cents, or 0.5%, to $ 82.47.
In the week that ended on July 5, US crude inventories decreased by 3.4 million barrels to 445.1 million barrels.
Gasoline stocks decreased by 2 million barrels to 229.7 million barrels during the United States’ July Fourth holiday week, exceeding analysts’ expectations of a 600,000 barrel drop.
