03MAY2018 - NEWS - Oil prices fell on Thursday due to rise in US crude oil inventories

Oil prices fall slightly on Thursday due to rise in the US crude oil inventories. According to report from Energy Information Administration (EIA), US, for the week ending on 27 Apr the US crude oil inventories are estimated to have increased by around 6.2 million barrels. On Thursday Brent crude futures were down by around 5 cents and the US West Texas Intermediate (WTI) crude futures were down by around 1 cent per barrel as compared to their previous settlement values.