The price of oil falling

The price of oil falling
The price of oil falling

After rising by an average of 5% in the last two trading days, oil prices have fallen in the previous 24 hours. According to, the information was published on

Brent futures for February delivery fell by 0.1% to $ 84.47 a barrel.

WTI February futures fell by 0.21% to $ 82.46 a barrel.

The fall in oil prices was supported by the US Department of Energy data, according to which the commercial oil reserves in the country for the week ending January 7 fell by 4.6 million barrels, or 1.1%, to 413.3 million barrels. The decrease was expected by 1.9 million, with stocks at the lowest level since the week of October 5, 2018, when the figure was 409.9 million barrels.

In addition, investors are still concerned about the current events in Kazakhstan.

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