Oil with third consecutive day drop

Oil prices dropped for a third consecutive day today as oil stock data showed higher than expected growth. In addition, sell-offs on commodities, stocks, and bonds further contributed negatively to oil trade.
The Brent lost $0.69 of its value, or 1 percent to $68.83 a barrel, dropping to its lowest level in a week.
US crude oil fell by 67 cents, or 1 percent to 63.83 dollars a barrel. On Tuesday, the raw material lost 1.6 percent, ending at $64.50 a barrel. Oil recorded almost two weeks minimum.
Despite the decline, however, US crude and Brent are still on track to register a fifth consecutive monthly growth.
The data showed a 3.2 million barrel in US oil stocks last week.
Previously, it became clear that energy companies have added 12 new field deposits over the past week or their biggest increase since March.