[New York 25th Reuters]-Crude oil futures prices in US time fell by more than 1%. The background is the unexpected increase in US crude oil inventory and the recovery of oil production in Saudi Arabia earlier than expected.
The clearing price is $ 62.39 per barrel, with North Sea Brent futures <LCOc1> down $ 0.71 (1.1%). US WTI futures <CLc1> was $ 56.49, down $ 0.80 (1.4%).
According to weekly statistics released by the US Energy Information Administration (EIA), US crude oil stocks increased 2.4 million barrels. The forecast was a decrease of 249,000 barrels.
According to sources, Saudi Arabia's oil production, which had decreased significantly due to attacks on oil facilities, recovered to a level of 11.3 million barrels a day earlier than expected.