Texas oil falls 3.6%, costs US $ 80.86

NEW YORK. The price of intermediate oil of Texas (WTI) closed yesterday with a fall of 3.6% and stood at 80.86 dollars, dragged by a higher than expected increase in the reserves of crude oil in the United States.

According to data at the end of the operations in the New York Mercantile Exchange (Nymex), the WTI futures contracts for delivery in December subtracted 3.05 dollars from the previous session.

The US benchmark oil went through a bad day due to the increase of 3.3 million barrels of crude in reserves during the past week, according to the Energy Information Administration.

Gasoline reserves have fallen to their lowest levels in nearly four years. In addition to the data on reserves, the market was pending the Federal Reserve’s monetary policy meeting.

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