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A slight decline in oil prices on the back of expectations of a rise in the US reserve

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Global oil prices fell, on Tuesday evening, pending weekly data on the US reserve, as the price of a barrel of Brent crude oil reached nearly $114.
Moscow – Sputnik. As of 20.10 Moscow time, the price of futures contracts for the month of July for Brent crude oil decreased by 0.28 percent, to reach the price of a barrel of 113.92 dollars, while the price of futures contracts for the same month for West Texas Intermediate crude decreased by 0.39 percent, to 111.38 dollars a barrel.
Analysts believe that commercial oil reserves in the United States (excluding the strategic reserve) for the week ending May 13 rose by 1.53 million barrels.
This, and official data from the US Department of Energy will be published on Wednesday.

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