US crude oil inventories rising US oil fell 2.5% one-month low

Tencent securities FRANCISCO, February 8 morning news, according to US financial website MarketWatch reported that crude oil futures prices closed down Wednesday, with US crude oil futures prices hit the lowest closing price since a month, because the government data showed US crude oil inventories the second consecutive week of growth, but the US domestic crude oil production also hit a record high, leading efforts to market in an attempt to end the day intraday trend since losing streak of three trading days to pay the vain。
New York Mercantile Exchange, March delivery of West Texas Intermediate crude oil (WTI) futures prices fell $, to close at $ a barrel, down%。 According to FactSet data financial information provided by vendors display, which means that WTI futures highest since January 8 closing price of the lowest, and its biggest one-day drop this year。
Meanwhile, on London's ICE Futures Europe for April delivery price of North Sea Brent crude oil futures fell cents to $ a barrel, down 2%, the highest since December 22 last year, the lowest closing price。 Brent oil prices fell slightly less than the WTI futures reason is because, according to Reuters reports, the North Sea oil amounted to daily forties pipeline 45 million barrels / day has been closed。
This pipeline operator, told Reuters, hoping to solve this problem in Wednesday night。
At the same time, the market focus on US crude oil stocks and production data。
US Energy Information Administration (EIA) announced earlier on Wednesday reported that, as of February 2 the week crude oil inventories increased 1.9 million barrels。
In contrast, according to S & P Global Platts Company (S & PGlobalPlatts) survey, analysts on average had expected the weekly crude oil inventories increased 2.8 million barrels, while the American Petroleum Institute (API) reported on Tuesday displays the weekly crude oil inventories fell 1.1 million barrel。
In addition, the report also showed US gasoline inventories last week increased by 3.4 million barrels, distillates (including diesel and heating oil) inventories rose 3.9 million barrels, compared with the S & P global company Platts survey showed analysts on average expected the week gasoline inventories rose 200,000 barrels, distillate stocks fell 800,000 barrels。
US crude oil production market-related worries continue to grow further deepened, because according to the US Energy Information Administration report released last week, US domestic crude oil production increased by million barrels / day, to million barrels / day, the highest since the department began tracking the data in 1983 from record high。 In other energy trading New York Mercantile Exchange, March delivery RBOB gasoline futures prices fell%, to close at US dollars per gallon; March delivery heating oil futures prices fell%, to close at US dollars per gallon; March natural gas futures prices fell%, to close at US dollars per million British thermal units, the highest since the end of December last year, the lowest closing price。 US Energy Information Administration will release last week's natural gas inventory report on Thursday。