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OCTOBER 31,2019
Inventory growth exceeded expectations WTI crude oil fell nearly 1%
2019-10-31 16:15
US crude inventories rose more than analysts had expected last week, with us and European crude futures falling to their lowest level in more than a week. Wednesday (October 30) New York Mercantile futures exchange West Texas light oil futures settlement price in December 2019 was $55.06 per barrel, down $0.48, or 0.9%, from the previous trading day, with a trading range of $54.42-55.73; London Intercontinental Exchange Brent crude oil futures settlement price in December 2019 was $60.61 per barrel, down $0.98, or 1.6%, from the previous trading day, with a trading range of 60.45-61. 93 dollars.
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