Crude oil fell in Asia today

Data from the American Petroleum Institute showed that crude stocks grew 2.3 million barrels in the US compared to 1.9 million barrels last week.

US inventories of crude oil remained at 461.4 million barrels, one of the highest levels at this time of year in 80 years. The level is close to 100 million barrels higher than last year at this time, which is a prerequisite for a decrease in the price of crude oil.

WTI crude for September delivery fell 0.51% to $ 50.60 a barrel.

Overnight futures rose slightly against the dollar fell sharply, before the release of the report of the American Petroleum but quickly regained their previous stoinostta.

On Monday, WTI crude futures were immersed to 15-week low, after last week's United Nations Security Council unanimously approved the agreement between Iran and the group of Western powers for a comprehensive nuclear deal. Brent futures, meanwhile, fell below $ 56.50 to its lowest level in nearly two weeks. The removal of long, severe economic sanctions against Iran could allow the state from the Gulf to double its level of exports about 2 million barrels per day next year. The downward trend in oil prices continues.