08/09/2018
(AFP)
Crude oil futures fell in cautious trading on Wednesday as the strength of the tropical capital of Gordon, which was heading to some oil fields in the Gulf of Mexico, eased and threatened production disruptions.
At the same time, traders were very cautious today ahead of the release of API data on crude stocks in the United States this evening, and the data from the US Energy Information Administration on Thursday.
The price of oil fell by $ 1.15, or 1.7% to reach $ 68.72 per barrel delivery in October.
Oil rose slightly by 0.1% to reach $ 69.87 a barrel on Tuesday, after rising to $ 71.70 a barrel.
At the same time, natural gas futures contracts rose by 0.1% to reach $ 829 per million British thermal units.
Crude prices could rise if inventory data fell, with analysts predicting a decline of 1.9 million barrels last week.
