Dubai – (Massader News)
Oil prices fell on Wednesday, and Brent crude futures fall by 1.09% to $ 61.53 a barrel, as inventories expected to rise, according to a report published by Mubasher.
Nymex crude futures fell by 1.06% to $ 55.11 a barrel.
The US Petroleum Institute expected oil inventories to rise by 6.5 million barrels per day during the week ending Nov. 10 to 461.8 million bpd.
Investors are waiting for the Energy Information Administration to disclose the final data for US inventories today, according to Mubasher.
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