Prıce of oil falls amid rising US reserves

News Department
Author

The oil price fell slightly after the release of information about a significant increase in the oil reserves of the United States, Report informs, citing stock exchanges.

Brent oil January futures fell by 0.46% to $94.92 per barrel. The December WTI oil futures price fell by 0.61% to $88.37 per barrel.

In addition to the increase in oil reserves in the United States, restrictions related to COVID-19 in China are negatively affecting this energy resource's price.

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