Oil futures drop on new data release on Friday

Note: This section contains information in English only.
Source: WBP Online
Crude fell from its 2016 heights reached on Thursday because of a huge inventory build-up in Cushing, Oklahoma where bases itself one of the top delivery hubs. Stockpiles there grew by nearly 550,000 barrels and it offset positive outlook given by International Energy Agency. WTI Futures fell 0.8% to $46.33 per barrel and Brent slipped 0.7% to $47.76 per barrel.

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