The
cost of the July futures on U.S. light crude oil WTI (Light Sweet Crude
Oil) in electronic trading in New York at the end of the trading
session down $ 2.23 to - to 81.8 dollars per barrel.
August futures price for North Sea Brent crude oil mix fell 3.07 dollars - up to 92.69 dollars per barrel.
On the eve of the U.S. Department of Energy reported that commercial stocks of "black gold" in the country (excluding strategic reserves) for the week ended June 15 rose 2.86 million barrels, or 0.7% - up to 387.3 million barrels, is the largest value since July 1990. The analysts forecast a decline of 1.3 million barrels.
In addition, the fall in oil prices contributed to the decision of the Federal Reserve System (FRS) the USA to revise downward forecast for real GDP growth for 2012, while increasing their expectations for the level of unemployment in the world's largest economy. In particular, in 2012 the Fed expects GDP growth of 1.9-2.4%, inflation - at around 1.2-1.7%, unemployment - 8,0-8,2%. In April 2012 the Federal Reserve projected GDP growth this year at 2,4-2,9%, inflation at the level of 1.9-2.0%, and unemployment - in the range of 7,8-8,0%.
August futures price for North Sea Brent crude oil mix fell 3.07 dollars - up to 92.69 dollars per barrel.
On the eve of the U.S. Department of Energy reported that commercial stocks of "black gold" in the country (excluding strategic reserves) for the week ended June 15 rose 2.86 million barrels, or 0.7% - up to 387.3 million barrels, is the largest value since July 1990. The analysts forecast a decline of 1.3 million barrels.
In addition, the fall in oil prices contributed to the decision of the Federal Reserve System (FRS) the USA to revise downward forecast for real GDP growth for 2012, while increasing their expectations for the level of unemployment in the world's largest economy. In particular, in 2012 the Fed expects GDP growth of 1.9-2.4%, inflation - at around 1.2-1.7%, unemployment - 8,0-8,2%. In April 2012 the Federal Reserve projected GDP growth this year at 2,4-2,9%, inflation at the level of 1.9-2.0%, and unemployment - in the range of 7,8-8,0%.
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