Oil strengthens, while market worries over US stockpiles

Note: This section contains information in English only.
Source: The Wall Street Journal
Oil moved somewhat higher, even though gains remained limited due to a surprising surge in US inventories, which pushed prices down previously in the session. WTI futures for November delivery were up $0.17 to trade at $47.98 per barrel, whereas futures for Brent stepped up $0.15 trading at $51.48 per barrel. As reported by EIA, the US crude oil reserves increased by 3.1 million barrels in the week to October 2 reaching unexpected 461 million barrels.

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