Falcon powers – Oil prices rose in Thursday’s trading following US data indicating a larger-than-expected decline in crude inventories. By 09:20 Moscow time, futures for US crude oil, West Texas Intermediate (WTI), were trading at $82.96 per barrel, up 0.18% from the previous closing price.
Meanwhile, futures for the global benchmark crude, Brent, were traded at $88.21 per barrel, up 0.22% from the previous settlement, according to Bloomberg data.
The increase came after official data showed that US crude oil inventories decreased by 6.4 million barrels during the week ending April 19, contrary to expectations of a 2.1 million barrel decline.
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