Oil with the largest decline since March

Oil decrease in price of 5% yesterday after surprise growth in oil and petroleum inventories yesterday was the biggest since March.
Data showed the biggest increase in diesel and petrol reserves in the world's largest economy since 2008 last week. The surge in inventories by 15.5 million, surprised investors seriously.
Adding to this is the reduced fuel demand of 505,000 barrels a day and the oil situation is not particularly positive.
The Middle East crisis linked to Qatar has failed to lead to a sustained rise in oil prices.
US crude oil ended yesterday at a level of $46 a barrel, trading early this morning, nearly 15 cents higher.
There are more and more marketers who say that $40 in the short term are much more likely than $50 a barrel.
As we can see, OPEC's production constraints have failed to stabilize the price of oil and lead to its steady rise.