Growth in US crude stockpiles press down oil prices

Brent and WTI had stabilized after a fall Monday, but prices are now on the decline.

RITZAU FINANS

The price of US WTI crude has decreased to under USD 68 per barrel. An industry report published Tuesday evening shows that US crude stockpiles grew last week, despite that analysts predicted a significant reduction of US oil production, writes both Reuters and Bloomberg News.

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