Oil prices drop after rapid growth the day before

However, at 06.30 Moscow time the benchmark fell 0.7% to close the previous session, to 27.2 dollars per barrel. Barrel zapadnotekhasskaya oil WTI fell by this time by 1.4% to 24.15 USD.

Participants analyze published by the US Department of energy data on the growth of oil reserves.

As previously reported, the Ministry of energy of the United States registered growth of oil reserves in the country over the past week by 1.6 million barrels, or 0.4%. According to the Agency, by 20 March in the United States has accumulated 455,4 million barrels of hydrocarbons (excluding the strategic reserve).