After the first hours of trading on Thursday, the dollar was put under pressure, which lasted several hours, but still managed to recover. At the end of the working day in the United States, oil prices collapsed after oil reserves data in the US (actual decline in stocks was much lower than expected). Brent fell to almost $48 per barrel. Futures for WTI US crude traded at this time about the level of $ 46.49 per barrel, or 1.98 per cent lower than the previous close.
US crude stocks fell for the week ended July 1, with 2.22 million barrels to 524.4 million barrels, reported the Energy Information Administration (EIA) on Thursday. Stocks fell the seventh week in a row.
However, the EIA data practically coincided with a fall of 2.3 million barrels, which was expected by analysts, polled by Reuters, and there were significantly smaller reduction of 6.7 million barrels reported by the American Petroleum Institute on Wednesday.
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