Baku – APA-Economics. Oil prices Wednesday declined after a US oil inventory report showed a surprisingly large build in crude supplies, Channel News Asia reported.
US benchmark West Texas Intermediate (WTI) for delivery in December fell US$1.44 on the New York Mercantile Exchange to US$96.86 a barrel, its lowest closing price since June 28.
European oil benchmark Brent oil for delivery in December fell US$2.17 to US$107.80 a barrel.