Oil prices fall within 1%

Oil prices are showing negative dynamics this morning The American Petroleum Institute's report was released. At 9:40 a.m. Brent was down 0.72% to $84.47. WTI was down 0.67% to $81.89. According to statistics from the API, the volume of oil inventories in the United U.S. crude oil inventories rose 3.3 million barrels last week. This This figure was higher than analysts expected. 2.2 million. Nevertheless, the cost of oil is still higher, which is promoted by growing gas prices in Europe and low volumes of oil extraction in the world. Oil production in the world, as well as the increase in demand in China for fossil fuel. This is the assessment of the situation given by analysts polled by The Wall Street Journal. Today, investors are waiting for the publication of notes from the Beige Book The Fed's Beige Book and speeches from its members. Later this week. also will be the speeches of some Fed members and the publication of U.S. economic statistics.