(MENAFN- ProactiveInvestors)Brent crude held above US$45 per barrel on Wednesday despite a rise in US crude stockpiles. American crude inventories increased by 2.8mln versus analyst expectations for a 1.7mln rise to 543.4mln barrels last week according to government statistics. It comes after corresponding figures from the American Petroleum Institute showed a 1.3mln barrels rise in the surplus. In London trading Brent Crude was up 0.6% to US$45.27 while West Texas Intermediary crude futures changed hands at US$44.17 per barrel up 1.17%.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.