Oil prices fell slightly, in Thursday’s trading, after a recent rise, and the decline comes amid the market’s anticipation of the “OPEC” monthly report, which is scheduled to be issued today.
And by 10:58 Moscow time, US West Texas Intermediate crude futures fell by 0.04%, to $83.23 a barrel.
While Brent crude futures fell by 0.05% to $87.33 a barrel, according to Bloomberg data.
The OPEC monthly report gives an indication of the situation in the global energy markets, through which experts and analysts try to derive indications of the direction of demand and supply in the future.
This article was originally published by RT.