Rising, the Price of Oil Back Down Dragged down as U.S. Supply Data

Katadata.co.id - World crude oil prices weakened in trading on Thursday (17/10) triggered by oil inventory data United States (U.S.).

Whereas before, the price rose as the commitment of the restriction of supply in December from the OPEC nation and its allies.

Citing Reuters, the price of crude oil futures Brent fell 47 cents, to US$ 58,99 per barrel.

According to the weekly report of the American Petroleum Institute, U.S. crude inventories up 11 November rose to 432,5 million barrels.

As for the stock data the U.S. government will be released this Thursday.

(Read: OPEC's Promise to Stabilize the Market, Oil Prices the World's most hoist Up Nearly 2%)