As a result of market reactions to rising petroleum stocks in the US, the world’s largest oil user, oil prices fell on the global commodities market. The Middle East’s unpredictability put pressure on Brent yesterday. According to market statistics, the closing price of ICE Brent crude dropped by 0.6% to $82.64 per barrel from $83.16 … Continue reading Oil Price Falls As US Inventories Rises By 509,000 Barrels