U.S. oil inventories declined by 909,000 barrels over the week
Commercial oil reserves in the U.S. over the past week decreased by 909 thousand barrels and amounted to 433.1 million barrels as of November 26, according to the U.S. Department of Energy.
At that, analysts polled by Bloomberg agency expected a decrease in reserves by 1.45 million barrels.
As of 6:38 p.m. Moscow time, February Brent crude oil futures on London’s ICE exchange were up 3.11% to $71.38 a barrel, while WTI was up 3.13% to $68.25 a barrel.