Oil prices declining

Oil futures are falling this morning despite the US Department of Energy data on a significant reduction of reserves of the ‘black gold‘ in the country. 

As of 09:15 am (MSK), Brent December crude futures declined 0.4% to $57.34 a barrel at London’s Intercontinental Exchange (ICE).

November futures for WTI oil declined 0.12% and reached $52.08 per barrel at the New York Mercantile Exchange (NYMEX).