Brent is declining to $ 66 a barrel as a result of fears of increasing supplies

Oil prices fell today, Wednesday, after government data showed that crude oil stocks in the United States increased unexpectedly last week, which raised investor fears of a surplus in supplies.

Brent crude futures settled at $ 66.09 a barrel, a decrease of approximately 0.81%, and the US West Texas Intermediate crude decreased 0.82%, recording $ 63.15.

The standards were traded near their highest levels in two weeks in the previous session, with a temporary decrease in customs duties between the United States and China.

Data from the US Energy Information Administration showed that crude oil stocks increased by 3.5 million barrels to 441.8 million barrels last week. Analysts in a poll had expected a decrease of 1.1 million barrels.

The Energy Information Administration stated that the net US imports of crude rose last week by 422 thousand barrels per day.