Nayrouz Agency : Nayrouz Agency: Oil prices dropped almost 1% following a surprise build in U.S. crude
inventories, with investors waiting to see if a new round of tariffs by
Washington on Chinese goods would come into force on Sunday, according
to Washington Post.
Brent futures settled at $63.72 per barrel,
down 62 cents, while West Texas Intermediate crude fell 48 cents to
settle at $58.76 per barrel.
"U.S. crude stockpiles rose
unexpectedly last week, while gasoline and distillate inventories jumped
sharply higher," the U.S. Energy Information Administration said.