Singapore-Sana
Oil prices fell today after a report showed that US gasoline stocks fell more than expected last week, which may intensify pressure on the administration of US President Joe Biden to withdraw from emergency oil reserves to put an end to the rise in fuel prices.
Reuters reported that West Texas Intermediate crude futures fell 57 cents, or 0.7 percent, to $ 80.19 a barrel, after losing 12 cents yesterday.
Brent crude futures fell 50 cents, or 0.6 percent, to $81.93 a barrel, erasing a gain of 38 cents yesterday.