The oil market fell on Thursday, despite an unexpected decline in U.S. stocks, but the fall in prices was restrained by a smaller than expected reduction in gasoline stocks and the continued decline in OPEC-led supplies. Сommercial reserves of oil in the United States dropped “only” by 1 million 396 thousand barrels - to 455.154 million last week can not hold a candle with a drop of 7 million 710 thousand a week ago.
The gasoline commodity stocks eased by 1 million 174 thousand barrels - to 227.955 million, while the distillates stocks decreased by 362 thousand barrels - to 127.691 million.
There were the opposite results for oil according to forecasts - one awaited an increase in oil reserves by 2 million 300 thousand barrels, a decrease in gasoline reserves by 2 million 300 thousand and a decrease in distillate stocks by 1 million.
Brent crude futures with delivery in June were at $71.31 per barrel at 08.30 GMT on Thursday, down 0.43 percent, while U.S. West Texas Intermediate (WTI) crude futures with delivery in May were at $63.55 per barrel, down 0.33 percent.