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Price of oil rises

Price of oil rises
Price of oil rises

The oil price on the world market has risen since the release of data from the United States Department of Energy.

Brent oil futures for January delivery rose by 0.72% to $ 74.42 a barrel.

Meanwhile, WTI January futures rose by 0.97% to $ 71.56 a barrel.

According to the United States Department of Energy, the country's oil reserves have been significantly reduced. The country's commercial oil reserves fell by 4.6 million barrels for December 10, while the forecast was only 2.1 million. Stocks have been declining for the third week in a row. The country produces about 11.7 million barrels of oil per day.

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