Brent falls to $67.45 per barrel

Oil prices are falling on Thursday after rising at the end of the previous session on data on another reduction in US reserves, Report informs referring to Interfax.

The cost of October futures for the Brent grade on the London ICE Futures exchange as of 9:20 Baku time was $67.45 per barrel, which is $0.6 (0.88%) lower than at the close of the previous trades.

On Wednesday, these contracts rose in price by $0.83 (1.2%), to $68.05 per barrel.

Commercial oil reserves in the US last week decreased by 2.39 million barrels, the country's Ministry of Energy reported the day before.

Gasoline reserves in the week ending August 22 decreased by 1.24 million barrels, and distillates by 1.79 million barrels.

Demand for fuel in the US has increased as the driving season continues. At the same time, this season is coming to an end, traditionally considered to end on the weekend after Labor Day (September 1).