On Thursday oil prices settles on lower note as rising oil stockpiles in American storage facilities balanced data that OPEC and other big exporters were cutting production.
Closing crude values have plunged.WTI on NYME closed at $53.54/bbl, prices have decreased by $0.34/bbl in compared to last closing prices. While Brent on Inter Continental Exchange decreased by $0.24/bbl in compared to last trading and was assessed around $56.56/bbl.
